PESTICIDE USE AND REGULATION: MAKING ECONOMIC SENSE OUT OF AN EXTERNALITY AND REGULATION NIGHTMARE

This article argues that the existing maze of pesticide policies reflects the multidimensionality of side effects of pesticide use that cannot be addressed by uniform policies. Pesticide policies will improve as (a) economic literacy among natural scientists and policymakers increases; (b) economic models of pesticide use and agricultural production in general better incorporate biological consideration; (c) benefit-cost criteria are introduced to determine regulations of pesticide, and (d) policies are enacted that take advantage of new information technologies and enable increased reporting of pesticide use. Moving from bans toward financial incentives and flexible policies that will allow chemical use where the benefit-cost ratios are high will improve resource allocations.


Issue Date:
1997-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/30857
Published in:
Journal of Agricultural and Resource Economics, Volume 22, Number 2
Page range:
321-332
Total Pages:
12




 Record created 2017-04-01, last modified 2017-08-24

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)