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Please use this identifier to cite or link to this item: http://purl.umn.edu/31421

Title: CONTROL OF NONPOINT SOURCE POLLUTION THROUGH VOLUNTARY INCENTIVE-BASED POLICIES: AN APPLICATION TO NITRATE CONTAMINATION IN NEW YORK
Authors: Boisvert, Richard N.
Peterson, Jeffrey M.
Issue Date: 2001-10
Abstract: A voluntary program is developed to achieve environmental goals through the self-interested choices of farmers under environmental risk and asymmetric information. Farmers behave to maximize expected net returns, and environmental quality standards are formulated through chance constraints. Because the government may not know each farmer's soil type, policy options must be self-selecting. The model is applied empirically to nitrate leaching and runoff from corn production in three New York regions. Asymmetric information between producers and the government would impose additional cost burdens on society, but these costs are modest in the context of other farm programs.
URI: http://purl.umn.edu/31421
Institution/Association: Agricultural and Resource Economics Review>Volume 30, Number 2, October 2001
Total Pages: 12
Language: English
Journal Issue : Agricultural and Resource Economics Review
Journal Volume: 30
Journal Date: October 2001
From Page: 127
To Page: 138
Collections:Volume 30, Number 2, October 2001

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