Regulation of Nitrogen Pollution: Taxes versus Quotas

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dc.contributor.author Choi, E. Kwan
dc.contributor.author Feinerman, Eli
dc.contributor.author Choi, E. Kwan
dc.contributor.department Economics
dc.date 2018-02-17T21:58:07.000
dc.date.accessioned 2020-06-30T02:04:38Z
dc.date.available 2020-06-30T02:04:38Z
dc.date.copyright Sun Jan 01 00:00:00 UTC 1995
dc.date.issued 1995
dc.description.abstract <p>This paper investigates the effects of first-best policies to regulate nitrogen application. Some nitrogen fertilizer is applied ex ante before a random rainfall, but side dressed nitrogen may be applied ex post. First-best policy is a tax or a quota on ex ante application, because side dressed nitrogen is not leached. Since a risk-averse farmer uses more nitrogen ex ante than a risk-neutral farmer, a higher tax must be imposed on the former. Action equivalent first-best taxes and quotas are also welfare equivalent. An empirical model for wheat in Israel was used to demonstrate the analytical</p>
dc.description.comments <p>This is an article from <em>Journal of Agricultural and Resource Economics</em> 20 (1995): 122. Posted with permission.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/econ_las_pubs/108/
dc.identifier.articleid 1103
dc.identifier.contextkey 9058420
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_pubs/108
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/21287
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/econ_las_pubs/108/1995_Choi_RegulationsNitrogen.pdf|||Fri Jan 14 18:28:21 UTC 2022
dc.subject.disciplines Environmental Studies
dc.subject.disciplines Other Economics
dc.subject.disciplines Petroleum Engineering
dc.subject.keywords first-best policy
dc.subject.keywords quotas
dc.subject.keywords taxes
dc.title Regulation of Nitrogen Pollution: Taxes versus Quotas
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isAuthorOfPublication eb1751c8-ec9a-4ab9-b9d3-115b9b5673de
relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
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