Shadow Price of Environmental Bads: Weak vs. Strong Disposability

Saleem Shaik and Glenn A. Helmers

No 413406, Staff Papers from University of Nebraska-Lincoln, Department of Agricultural Economics

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 is spread over 1936–1994. Results indicate the difference in the price due to the disposability property.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Date: 1999
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https://ageconsearch.umn.edu/record/413406/files/AES_1999-08_paper2.pdf (application/pdf)

Related works:
Working Paper: SHADOW PRICE OF ENVIRONMENTAL BADS: WEAK VS. STRONG DISPOSABILITY (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nbaesp:413406

DOI: 10.22004/ag.econ.413406

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