Lankoski, Jussi E.; Ollikainen, Markku - European Association of Agricultural Economists - EAAE - 2002
We study the multifunctional character of agriculture in a model of endogenous input use and land allocation augmented … by biodiversity, landscape amenity, and nutrient runoff. While biodiversity and landscape amenities represent the public … good aspects of agriculture, nutrient runoff represents its negative externalities. We show that the private use of …