Water is increasingly being treated as a tradable commodity. This paper describes our efforts to include water accounts in a multi-regional CGE model. In order to understand the conditions under which water trade might occur, we need to add a number of features to the model and scenarios. These...

If markets for nature conservation services are to ensure an efficient supply, property rights need to be well defined, readily defended and tradeable. However, some of these services have ill defined property rights that are costly, if at all possible to defend. This limits the incentives for...

The theory of environmental regulation suggests that economic instruments, such as taxes and tradable permits, create more effective technology adoption incentives than conventional regulatory standards. We explore this issue for an important industry undergoing technological responses to a...

This paper discusses the findings from a pilot study of New Zealand agricultural consultants aiming to describe the role of agricultural consultancy within the New Zealand RD&E system with specific reference to their role in environmental management. The study comprised a literature review,...

This paper discusses the findings from a pilot study of New Zealand agricultural consultants aiming to describe the role of agricultural consultancy within the New Zealand RD&E system with specific reference to their role in environmental management. The study comprised a literature review,...

Bid prices were elicited for standard-label cookies, muffins, and potato chips and those identified as not including genetically modified (GM) ingredients using an experimental auction. Including a statement that the product did not include GM ingredients increased bids over those offered for...

Empirical evidence from research on Bt maize in Kenya puts to rest most concerns raised against GMOs (not responding to farmers' needs, expensive, benefiting agro-business, risk of decreased biodiversity), but does indicate that contamination of local varieties is likely and buildup of insect...

This study examines media coverage of genetically modified (GM) crops in a risk communication framework. Content analysis is employed to investigate how specific environmental, food safety, and landmark events, such as the monarch butterfly and Pusztai controversies, and the cloning of...

Market failures associated with environmental pollution interact with market failures associated with the innovation and diffusion of new technologies. These combined market failures provide a strong rationale for a portfolio of public policies that foster emissions reduction as well as the...