Policy reforms in the Columbia Basin spurred water rights reallocation for ecological recovery. Transaction costs have caused implementation to lag. This paper examines transaction costs and institutional performance in environmental water allocation. It evaluates spatial and temporal...

Virtually all U.S. states have now created voluntary cleanup programs (VCPs), offering liability relief and other incentives for responsible parties to remediate contaminated sites. We use a multinomial probit model to analyze participation in Oregon’s two VCPs. In contrast to previous VCP...

This study examines the effect of waste and recycling policy on scrap prices and the importance of scrap price feedbacks as a determinant of policy costs. Price effects and direct and indirect channels of waste reduction are decomposed for deposit/refund, advance disposal fee, and recycling...

This paper examines whether the 1990 Clean Air Act Amendments caused the decline in ambient concentrations of particulate matter (PM10) in California over the 1990–2000 period. Consistent with previous studies, we find that PM10 nonattainment status at the county level is not a significant...

This study uses a structural econometric model to evaluate the impacts of support from a European Union agri-environmental program designed to reduce nutrient pollution from agricultural land. Drawing on a representative sample of individual grain farms, we first quantify the effects of...

This paper examines the links between environmental taxes and distortionary taxation in a dynamic model of climate change and economic growth. Under first-best conditions, labor and capital would remain untaxed, and carbon dioxide emissions would be taxed at a rate equal to the present-value...

In this paper we do an ex post evaluation of the French tax on air pollution. The revenues of this tax were redistributed to polluters in the form of subsidies to abatement technologies, and the policy is a typical example of an earmarked tax. We use a two-stage estimation procedure on an...

We consider a policy environment in which an entire industry is faced with possible imposition of an emissions tax if environmental goals are not met voluntarily. We develop a multiple-firm model of pollution abatement in this context. Using the concept of a self-enforcing equilibrium, we...

This paper derives a structural shift empirical specification for a double-bound dichotomous choice contingent valuation methodology premised upon willingness-to-pay (WTP) shifts ensuing from a representative model of respondent Bayesian updating behavior. We demonstrate by way of data...

This paper has two objectives. First, we identify a problem with the ability of the discrete-continuous choice framework and conditional demand functions to fully describe consumer preferences in the presence of kinked budget constraints. Second, we propose and illustrate an alternative,...