A theoretical model of emission reductions is specified that accounts for voluntary and nonvoluntary behavior regarding the adherence to the Helsinki and Sofia Protocols, which mandated emission reductions for sulphur and nitrogen oxides, respectively. From this model, the authors derive an...

Bt-corn, a genetically engineered insect resistant variety, has been adopted by almost one-quarter of all corn farmers, resulting in economic impacts on both conventional corn growers and Bt-corn growers. we estimate changes in profits for both types of farmers with different levels of seed...

Methyl Bromide in the United States is supplied by only four firms (two producers and two importers) who reap windfall profits from MB restrictions. Since 1992 we estimate that over $300 million in cumulative windfall profits have resulted from restrictions on Methyl Bromide and currently run...