By Wade E. Martin, Lisa A. McDonald
Modeling Environmental Policy demonstrates the hyperlink among actual versions of our environment and coverage research in help of coverage making. every one bankruptcy addresses an environmental coverage factor utilizing a quantitative modeling method. the quantity addresses 3 normal components of environmental coverage - non-point resource pollutants within the agricultural zone, pollutants generated within the extractive industries, and transboundary pollution from burning fossil fuels. The publication concludes by means of discussing the modeling efforts and using mathematical types in general.
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Third, there are several other policy options such as price incentives and restrictions on use, technology, and timing that will be explored. Modeling Environmental Policy 41 References Anderson, G. et al. (1985). "Nonpoint Agricultural Pollution: Pesticide American Journal of Contamination of Groundwater Supplies," Agricultural Economics 67:1238-1243. Barnes, J. (1976). "Hazards to People," in Pesticides and Human Welfare, D. Gunn and J. Stevens, eds. Oxford: Oxford University Press. ,S. Benjamin, and T.
R. Wolcott and S. Aradhyula (1990). "Coordinating Agricultural and Environmental Policies: Opportunities and Tradeoffs," American Economic Review 80:203-207. C. O'Toole (1986). "Application of Crop Production Models in Agro-Ecological Characterization," Agrotechnology Transfer 4, October. Larson, B. et al. (1991). "The On-Farm Costs of Reducing Groundwater Pollution," American Journal ofAgricultural Economics 73:1063-1073. National Governor's Association (1989). Agricultural and Water Quality.
The parameter 0 < 8 j < 1 captures the contribution of chemicals to the mechanical and biological production functions. elasticities of substitution are OJ ~ 0 and ~ ~ o. The There is no jointness between commodities in production. , Ball, 1988; Shumway, Pope, and Nash, 1984; Chambers and Just, 1989). Technology is taken as given. In the long run, restrictions on fertilizers or agricultural chemicals would probably induce fertilizer- or chemical-saving innovation (Bohm and Russell, 1985). Cuts in agricultural price supports that increased the price of fertilizers or chemicals relative to other input prices (by reducing land rents and returns to farm labor even more than fertilizer or chemical prices) would have the same effect.