FARM LEVEL IMPACTS OF IMPROVING ENVIRONMENTAL QUALITY UNDER RISK

Parveen Setia and David Letson

No 271085, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Nonpoint-source pollution can be reduced by altering land use. A methodology to evaluate alternative management systems and the resulting economic and environmental impacts under risk is presented. Results show that a 20% reduction in leaching losses decreased net income by only $50 to $600 depending upon the level of risk aversion.

Keywords: Farm Management; Resource/Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 16
Date: 1991-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271085

DOI: 10.22004/ag.econ.271085

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