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...

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...

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...

A number of studies in the past have come up in order to explain and verify the observation made by Grossman and Kruger that that there may exist an inverted U-shaped relationship between environmental pollution and income. While some studies have found this relationship to hold true for certain...

The failure to allow for significant crop quality effects in a partial-equilibrium model can lead to misleading inferences about the price, output and welfare implications of air quality improvements. It has been observed that air pollutants such as ozone, sulphur dioxide, and nitrogen dioxide...