A dynamic model is developed that jointly optimizes over groundwater quality and quantity for extractive municipal and non-extractive agricultural users. The model is applied to an aquifer in southern Ontario to analyze several policy scenarios, demonstrating that interactions between...

A principal-agent approach is used to address issues of environmental risk sharing within a firm. The principal (top management), fearing penalties for environmental damages, wants to avoid environmental harm and induce the agent (employee manipulating hazardous materials) to take appropriate...

Nonparametric technical efficiency estimates of potentially polluting input use in soybean and wheat indicate substantial heterogeneity across farms. This implies large costs would be associated with uniform standards or incentives to regulate these inputs. While technical efficiency is not...

This paper addresses the issue of the shadow price of environmental bads treated as an undesirable output (normal input) with weak (strong) disposability in a two-stage estimation. Nebraska agriculture sector time series data used is spread over 1936-94. Results indicate the difference in the...

There are two competing approaches sustainability in agriculture. One stresses a strict economic approach in which market forces should be allowed to guide the activities of agricultural producers. The other advocates the need to balance economic with environmental and social objectives, even to...

For U.S. agriculture to continue along a sustainable path of economic development, further production increases must be generated by technologies that are both profitable and more environmentally benign. In this context, we assess the role of these green or sustainable technologies in steering...

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...

Point-of-use/point-of-entry treatment can provide an affordable means for rural residents on private wells to remedy groundwater contamination. Cooperation among homeowners was hypothesized to be a means of further reducing treatment costs due to quantity discounts and avoidance of dealer...