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SHADOW PRICE OF ENVIRONMENTAL BADS: WEAK VS. STRONG DISPOSABILITY

Saleem Shaik () and Glenn A. Helmers

No 21615, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper addresses the issue of the shadow price of environmental bads treated as an undesirable output (normal input) with weak (strong) disposability in a two-stage estimation. Nebraska agriculture sector time series data used is spread over 1936-94. Results indicate the difference in the price due to the disposability property.

Keywords: Environmental Economics and Policy; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 13
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21615

DOI: 10.22004/ag.econ.21615

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