Examining Quantity and Quality Effects of Restricting Nitrogen Applications to Feedgrains
Restricting the timing and level of nitrogen applications has been proposed as a response to nitrate contamination in Nebraska. Agronomic research indicates that reducing available nitrogen reduces both the yield (quantity) and protein content (quality) of feedgrains. A differential system is developed to estimate the social costs of regulation while simultaneously considering both quantity and quality effects of a tax and/or a rationing policy. The results indicate that ignoring the quality effects of a proposed policy can lead to erroneous estimates of changes in factor use, output responses, and the social costs of regulation. Copyright 1998, Oxford University Press.
Year of publication: |
1998
|
---|---|
Authors: | Atwood, Joseph A. ; Helmers, Glenn A. |
Published in: |
American Journal of Agricultural Economics. - Agricultural and Applied Economics Association - AAEA. - Vol. 80.1998, 2, p. 369-381
|
Publisher: |
Agricultural and Applied Economics Association - AAEA |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Chance-constrained financing as a response to financial risk
Atwood, Joseph A., (1988)
-
Did 1933 new deal legislation contribute to farm real estate values : a regional analysis
Shaik, Saleem, (2012)
-
The evolution of farm programs and their contribution to agricultural land values
Shaik, Saleem, (2005)
- More ...