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This paper presents a new framework for analyzing abatement costs of nonpoint-source pollution. Unlike previous studies, this framework treats production and pollution as non-separable and also recognizes that production inefficiency is a fundamental cause of pollution. The implications of this...
Persistent link: https://www.econbiz.de/10005801085
An approach is presented to address three questions: (a) what is considered as valued nature at the farm level, (b) how can nature management be integrated in farming practice, i.e. operational and behavioral acceptability, and (c) where should nature management be implemented, i.e. the optimal...
Persistent link: https://www.econbiz.de/10005459713
We provide a new approach for assessing the cost of marginal ecosystem changes and the effectiveness of green payment schemes. The approach is based on a theoretical and empirical analysis of the bio-economic production interactions between marketed outputs and non-marketed ecosystem services at...
Persistent link: https://www.econbiz.de/10009020591
Behavioural change by households is increasingly anticipated to make an important contribution to the reduction of greenhouse gasses and other emissions. Global studies have shown that housing, mobility, food, and, with increasing income, manufactured products are important sectors to target...
Persistent link: https://www.econbiz.de/10011070000
Based on option value theory, we develop a theoretical model to assess the dollar compensation required for the conversion to organic farming. Our empirical model is a switching regression model with two regimes and we use county level data on organic and conventional corn and soybean production...
Persistent link: https://www.econbiz.de/10005522335
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