INSTRUMENT CHOICE AND BUDGET-CONSTRAINED TARGETING

Richard Horan, Roger Claassen, Jean Agapoff and Wei Zhang ()

No 20387, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: We analyze how choosing to use a particular type of instrument for agri-environmental payments, when these payments are constrained by the regulatory authority's budget, implies an underlying targeting criterion with respect to costs, benefits, participation, and income, and the tradeoffs among these targeting criteria. The results provide insight into current policy debates.

Keywords: Research; Methods/Statistical; Methods (search for similar items in EconPapers)
Pages: 29
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:20387

DOI: 10.22004/ag.econ.20387

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