STOCHASTIC TECHNOLOGY, RISK PREFERENCES, AND THE USE OF POLLUTING INPUTS

Bhavani Shankar, Carl Nelson () and John B. Braden

No 21011, 1998 Annual meeting, August 2-5, Salt Lake City, UT from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: We investigate the comparative static effects of environmental and agricultural policies on pesticide and fertilizer use. Since such effects depend on technology and risk preference parameters, we estimate these from a panel data set of Illinois farms. Generalized method of moments is used on a set of nonlinear first order conditions.

Keywords: Environmental Economics and Policy (search for similar items in EconPapers)
Date: 1998
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