Short AbstractA sophisticated computable general equilibrium model of the California economy tracks how regulatory costs, parameterized as enhanced capital and/or intermediate requirements for regulated industries, ripple through the economy as increased demand for compliance related inputs....

This paper analyzes the efficient design of green payments. Green payments can generate environmental benefits and support farmers' income. We extend a standard adverse selection model by incorporating dual policy goals into the design of green payments: conservation and income support. We also...

The EU is the third largest regional export market for US agricultural products, with over $6 billion in annual sales. In principle, EU environmental policies designed to control domestic externalities could alter US agricultural exports to the EU. This paper develops a range of theoretically...

This paper examines whether differential incentives exist in the adoption of environmental management practices (EMPs) with varying features that often make up the design of environmental management systems implemented by firms. Estimation of multivariate probit models reveals that greater...

This paper uses data on purchases of Nordic Swan Eco-labeled toilet paper and paper towels by individual Danish households to analyze the determinants of demand for eco-labeled goods and the decision process underlying it. Among several models that are estimated, a double-hurdle model that...

This paper uses stylized analytical and numerical general equilibrium models to evaluate the welfare impacts of alternative policies for reducing nitrogen run-off from agricultural production in an open economy while recognizing the presence of distortionary agricultural support subsidies and...

The NOx State Implementation Plan Call was designed to facilitate cost effective reductions of nitrogen oxides emissions from large stationary sources (primarily electricity generators) through the introduction of an emissions trading program. I investigate the relationship between economic...

A trading ratio is required for water quality trading that involves nonpoint sources to compensate for the difficulty of determining nonpoint loadings, the stochastic characteristics of nonpoint loadings, and the uncertainty inherent in nonpoint source pollution control strategies. Compensating...

Carbon offset markets have been suggested as a cost effective means of reducing GHG emissions. This paper develops a model of heterogeneous emitters and producers to examine the consequences of non-compliance on the performance of the carbon-offset market. The analysis begins with the derivation...

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...