Despite recognizing the vulnerability of Bangladesh's agriculture to climate change, the existing literature pays limited attention to a rigorous, quantitative analysis of farm-level data to investigate rice farmers' preferred adaptation strategies, perceived barriers, and policy implications....

Climate change scenarios predict an increase of extreme rain events, which will increase the risk of wastewater flooding and of missing legal water quality targets. This study elicits the willingness to pay to reduce ecological and health risks from combined sewer overflows (CSOs) in rivers and...

A theory of payment for ecosystem services (PES) pricing consistent with dynamic efficiency and sustainable income requires optimized shadow prices. Since ecosystem services are generally interdependent, this requires joint optimization across multiple resource stocks. We develop such a theory...

Virtual water trade is increasingly recognized as a useful metaphor for thinking about freshwater resources in an international context. Its legitimacy in terms of economic theory has been questioned by a number of authors, however. In this article I develop new theoretical results that place...

Non-market techniques are widely used for valuing environmental goods and services. Recent articles obtain results showing respondents to the right of the political spectrum are significantly less likely to vote in favour of environmental programs that provide public goods through public means....

The spatial distribution of agri-environmental policy benefits has important implications for the efficient allocation of management effort. The practical convenience of relying on sample mean values of individual benefits for aggregation can come at the cost of biased aggregate estimates. The...

An integrated bio-economic model is developed to assess the impacts of pollution reduction policies on water quality and the economy. Emission levels of economic activities to water are determined based on existing environmental accounts. These emission levels are built into a dynamic economic...

Using primary data collected at the national and local levels in France, this paper shows how water price increase, initially intended to generate environmental benefits through reducing water use, has produced economic incentives for households to drill their own garden boreholes. The paper...

This work investigates the determinants of bilateral ‘virtual water trade (VWT) flows’ by means of an estimated gravity model of trade applied to the services of the water embodied in the agricultural goods exchanged across countries. In line with the recent literature on the gravity model...

While the bulk of research on crop water productivity (WP) focuses on static cross-section analysis, this research provides a spatio-temporal perspective. It estimates rice crop WP for 21 Bangladesh districts for 37years; explores WP variations among districts; and investigates causality...