RISK CONSIDERATIONS IN THE REDUCTION OF NITROGEN FERTILIZER USE IN AGRICULTURAL PRODUCTION
David Lambert
Western Journal of Agricultural Economics, 1990, vol. 15, issue 2, 11
Abstract:
Nonpoint pollution problems resulting from current agricultural practices are forcing policymakers to examine alternative mitigation strategies. Two mechanisms suggested to control the use of nitrogen fertilizer, a source of potentially harmful contaminants of water sources, are quantitative standards and incentives through per-unit taxation. Impacts of both policies on the distribution of farm net returns are analyzed. Risk attitudes are observed to influence the magnitude of farmer response to alternative policies.
Keywords: Crop Production/Industries; Environmental Economics and Policy (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32064
DOI: 10.22004/ag.econ.32064
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