Tackling the problem of ecosystem services degradation is an important policy challenge. Different types of economic instruments have been employed by conservation agencies to meet this challenge. Notable among them are Payment for Ecosystem Services (PES) schemes that pay private landowners to...

This research explores the welfare consequences of substituting carbon taxes for conventional distortionary taxes in a small open economy, using Pennsylvania as case study. A computable general equilibrium (CGE) model is developed for Pennsylvania to simulate possible outcomes when carbon taxes...

High rates of commercial fertilizer and animal manure application on cropland have been identified as an important cause of ground and surface water degradation in many areas of the country. Suggested remedies are often based on the idea that fertilization levels are economically irrational for...

There is considerable interest in watershed-based water quality protection. However, the approach can be highly information intensive, necessitating decisions about the types and amounts of data used to guide decisions. This study examines the Bayesian value of different types and amounts of...

Increasingly, environmental problems are recognized to involve linkages across multiple environmental variables (e.g., pollution and a fishery). Prior work on managing these complex, linked systems generally focuses on efficiency rather than implementation. However, implementation is important...

Following Weitzman (1974), there is ample theoretical literature indicating that choice of pollution control instruments under conditions of uncertainty will affect the expected net benefits that can be realized from environmental protection. However, there is little empirical research on the ex...

The U.S . Senate Committee on the Environment and Public Works is considering legislative proposals to reduce emissions of long-range transport air pollutants which may be a major factor in acid depostion. Preliminary results indicate that these proposals will have substantial ~ pacts on coal...

A simulation of U.S. corn production compares four environmental policies for controlling agricultural nitrate pollution. Public uncertainty about key economic parameters are considered. Results indicate that policy choice is sensitive to commodity programs and the public information structure....

Conceptual weaknesses in the use of costs of average abatement as a measure of the cost effectiveness of agricultural nonpoint pollution control are examined. A probabilistic alternative is developed. The focus is on methods for evaluating whole-farm pollution control plans rather than...