Creating a compensation program for injuries from dicamba spray drift and volatilization
Terence Centner
Applied Economic Perspectives and Policy, 2022, vol. 44, issue 2, 1068-1082
Abstract:
Over‐the‐top dicamba herbicides used on soybean and cotton crops are causing offsite injuries to vegetation of thousands of nearby property owners who are not being compensated for their damages. An examination of the use of dicamba products shows disagreement between facilitating profitable agricultural production and the imposition of damages on nearby property owners. To safeguard private property rights, a compensation program is proposed. By placing a fee on the sale of dicamba products, funds could be made available to provide compensation to persons whose properties are injured by drift and volatilization.
Date: 2022
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https://doi.org/10.1002/aepp.13167
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Persistent link: https://EconPapers.repec.org/RePEc:wly:apecpp:v:44:y:2022:i:2:p:1068-1082
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