UNCERTAINTY AND THE REGULATION OF NITRATE POLLUTION FROM AGRICULTURE

Nii Adote Abrahams and James S. Shortle

No 21027, 1997 Annual meeting, July 27-30, Toronto, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A simulation of U.S. corn production compares four environmental policies for controlling agricultural nitrate pollution. Public uncertainty about key economic parameters are considered. Results indicate that policy choice is sensitive to commodity programs and the public information structure. Agricultural research benefits are also sensitive to agricultural environmental policy choices.

Keywords: environmental policy; nonpoint pollution; uncertainty; value of information; Environmental Economics and Policy (search for similar items in EconPapers)
Date: 1997
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