We investigate the comparative static effects of environmental and agricultural policies on pesticide and fertilizer use. Since such effects depend on technology and risk preference parameters, we estimate these from a panel data set of Illinois farms. Generalized method of moments is used on a...

Environmental regulations implemented by administrative agencies have often been met with fierce political resistance from regulated parties. In some instances, regulated parties have turned to legislative and judicial bodies for relief from environmental regulation. As these political and legal...

The parameters of an output distance function are estimated utilising unbalanced panel data from 300 UK dairy farms. Potential nitrate contamination of groundwater is modelled within the production process as an undesirable output and shadow prices (which can be interpreted as marginal abatement...

An examination of intertemporal, crop-specific pesticide registration data to assess claims that EPA requirements discourage registration of safer pesticides, especially for minor crops. Results show that the likelihood of registration is increasing in crop market value and decreasing in...

This paper outlines the traditional uses of input-output (I/O) modeling in watershed programs planned under federal "Principles and Guidelines." Generally, the national economic development costs and benefits are analyzed, and the I/O model is used to track on regional economic development...

A CVM survey of WTP for water quality was conducted in October 1997. Findings suggest that WTP depends logically on risk perceptions and, thus, on the amount of water quality being purchased. However, erroneous subjective risk opinions were found to bias WTP downward.

Legal issues in environmental policy are considered, as well as property rights and voluntary regulations. Taxation, Fines, and Producer Liability Rules: Efficiency and Market Structure Implications Stephen Hamilton, Kansas State University. Regulatory Takings and the Diminution of Value: A...

An economic model illustrating a southern forest landowner's incentive to increase timber harvest in response to the risk of red-cockaded woodpecker colonization and subsequent regulation under the Endangered Species Act is developed. The empirical results show that industrial landownders...

A spatial-econometric hedonic housing price model is estimated for the Seoul metropolitan area to measure the marginal value of improved air quality. Results showed that the spatial lag model fits best for both owner and renter households. Marginal WTP for a 4% improvement in air quality is...

This paper describes the use of input-output modeling in estimating the economic impacts of the conservation reserve program (CRP) in North Dakota, discusses challenges faced in conducting the analysis, and examines lessons learned from the study. The study had two major phases: (1) a statewide...