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Most studies of water quality trading (WQT) analyze the cost effectiveness of reducing nutrient pollution in isolation from other policies. However, the policy landscape to reduce nutrient pollution from agriculture is dominated by existing cost-share (CS) programs, which are likely to persist...
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We evaluate three farmer behavioral responses to incentive payments for ecosystem services, specifically a cover crop cost-share program aimed at reducing nitrogen loads in the Chesapeake Bay. Using farmer survey data in Maryland, we estimate a two-stage simultaneous equation model to correct...
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Spatial equilibrium in housing markets implies that distant factors are correlated with prices in specific (focal) neighborhoods through market mechanisms. Using this logic, we develop a novel approach for handling price endogeneity in a reduced-form land use model. We combine a control function...
Persistent link: https://www.econbiz.de/10013005048
We analyze the potential effects of a unique forest conservation regulation on residential development and assess the additionality in forest cover due to this regulation. We combine panel data on forest cover change from satellite imagery and parcel-level modeling on residential development,...
Persistent link: https://www.econbiz.de/10012994943
Land plays a critical part in determining the health of an urban ecosystem. One of its key roles is regulation of nutrient delivery. In this paper, we combine results from an IV duration model with a water quality model in a series of land use simulations to examine the impact that different...
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