|
AgEcon Search >
Journal of Agricultural and Resource Economics >
Volume 20, Number 01, July 1995 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/30925
|
| Title: | REGULATION OF NITROGEN POLLUTION: TAXES VERSUS QUOTAS |
| Authors: | Choi, E. Kwan
Feinerman, Eli |
| Issue Date: | 1995-07 |
| Abstract: | This paper investigates the effects of first-best policies to regulate nitrogen application. Some nitrogen fertilizer is applied ex ante before a random rainfall, but sidedressed nitrogen may be applied ex post. First-best policy is a tax or a quota on ex ante application, because sidedressed nitrogen is not leached. Since a risk-averse farmer uses more nitrogen ex ante than a risk-neutral farmer, a higher tax must be imposed on the former. Action equivalent first-best taxes and quotas are also welfare equivalent. An empirical model for wheat in Israel was used to demonstrate the analytical findings. |
| URI: | http://purl.umn.edu/30925 |
| Institution/Association: | Journal of Agricultural and Resource Economics>Volume 20, Number 01, July 1995 |
| Total Pages: | 22 |
| Language: | English |
| From Page: | 122 |
| To Page: | 143 |
| Collections: | Volume 20, Number 01, July 1995
|
Files in This Item:
| File |
Size | Format |
|---|
| 20010122.pdf | 857Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
