This paper examines the relationship between environmental regulations and the location decisions of hazardous waste management firms. This industry provides a powerful test of the effect of state environmental regulations on location because environmentl regulations significantly affect the...

This study measured the magnitude of transaction costs associated with policies to reduce agricultural nonpoint source pollution. Interviews with staff from governmental agencies were conducted to estimate transaction costs associated with four policies to reduce agricultural phosphorous...

The use of riparian land buffers to protect water quality for human consumption and wildlife habitat has become an important conservation tool of both government and non-government agencies. The funds available to acquire private lands for riparian buffers are limited, however, and not all land...

This paper studies a market in pollution permits launched in Los Angeles in 1994. This tradable permit market has been projected to lead to substantial cost savings due to the flexibility it provides firms in terms of compliance with environmentarl egulation. This paper shows that transaction...

Hydroelectric power plants can quickly and inexpensively respond to changes in electricity demand. However, this operational flexibility can cause negative environmental impacts and these environmental effects are mitigated through direct restrictions on hydropower operations, rather than taxes...

Conservation tillage on farms can improve downstream water quality. Using a dual-interests theoretical framework guided by the metaeconomics approach, this paper examines the role of self-interest and shared other-interest in the conservation tillage adoption decision. The data is from a 2007...

While water markets have long been advocated as a tool for both enhancing water use efficiency and enabling conservation purchases, their interaction with water rights and licenses has been little studied. It is shown that when water rights are not tradable, using spot markets to secure...

Emissions trading takes place from two alternative baselines: 1) emission reduction credits (ERCs) in which the baseline is existing regulations which are often activity-based; or 2) cap-and-trade which specifies the total allowable emissions. This paper examines the effects of these two tradable...

This study explores the interaction between climate, water, and agriculture. We test whether surface water withdrawal can help explain the variation of farm values across the United States and whether adding these variables to the standard Ricardian model changes the measured climate sensitivity...

This study analyses whether the land tenure insecurity problem decreases long-term land improvements (liming and phosphorus fertilization) under the Common Agricultural Policy (CAP) and Nordic production conditions in the European Union (EU) countries, such as Finland. Our study suggests that...