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Banking on "Green Money": Are Environmental Financial Responsibility Rules Fulfilling Their Promise? AgEcon
Boyd, James.
Financial responsibility rules are an increasingly common form of environmental regulation. Currently, the operators of landfills, underground petroleum storage tanks, offshore rigs, and oil tankers must demonstrate the existence of adequate levels of capital as a precondition to the legal operation of their businesses. Environmental financial responsibility ensures that firms possess the resources to compensate society for pollution costs created in the course of business operations. In addition to providing a source of funds for victim compensation and pollution remediation, financial responsibility is thought to motivate better decision-making, particularly regarding the management of long-term risks. This article describes both the promise of financial...
Tipo: Working or Discussion Paper Palavras-chave: Financial responsibility; Environmental liability; Waste disposal; Environmental Economics and Policy; Q28; L51; K32.
Ano: 1996 URL: http://purl.umn.edu/10592
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Climate Change: National and Local Policy Opportunities in China AgEcon
Teng, Fei; Gu, Alun.
Climate Change poses a wide range of potentially very severe threats in China. This aggravates the existing vulnerability of China and is one of the big challenges faced by the Chinese government. Adaptation programmes and projects are being developed and implemented at national and local level. As China is engaged in heavy investment in infrastructure development as a consequence of the rapid process of development and urbanization, mainstreaming adaptation into such development process is a priority for China. China has also made positive contributions to reducing greenhouse gas emissions through participations in the CDM under the Kyoto Protocol framework. Although mitigation is not a priority at national or local level, it has been integrated into...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change; Local Policy; National Policy; Mitigation; Local Pollution; Environmental Economics and Policy; H7; Q54; Q56; O53.
Ano: 2007 URL: http://purl.umn.edu/9091
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A DECISION SUPPORT SYSTEM FOR SUSTAINABLE FARMING AgEcon
Ikerd, John E..
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy; Farm Management.
Ano: 1991 URL: http://purl.umn.edu/28824
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Spatially Explicit Estimates of Crop Rotation Responses AgEcon
Hendricks, Nathan P.; Sumner, Daniel A..
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Environmental Economics and Policy; Land Economics/Use.
Ano: 2011 URL: http://purl.umn.edu/103876
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An Investigation of Voluntary Discovery and Disclosure of Environmental Violations Using Laboratory Experiments AgEcon
Murphy, James J.; Stranlund, John K..
This paper uses laboratory experiments to test individual responses to policies that seek to encourage firms to voluntarily discover and disclose violations of environmental standards. We find that while it is possible to motivate a significant number of voluntary disclosures without adversely affecting environmental quality, this result is sensitive to both the fine for disclosed violations and the assumption that firms know their compliance status without cost. When firms have to expend resources to determine their compliance status, motivating a significant number of violation disclosures yields worse environmental quality. Finally, relative to conventional enforcement, disclosure polices will result in more violations being sanctioned, but fewer of...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/14519
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Assessing the Feasibility of Broiler Manure Transportation and Application in Crop Production under Environmental Restrictions AgEcon
Bhattarai, Keshav; Paudel, Krishna P..
This study combines survey information and GIS based optimization model to identify the optimal distribution of broiler litter in crop production. The results obtained provide more plausible transportation routes than the method that does not utilize all these constraints.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/35451
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The Determinants of the Municipality's Decision to Implement Recycling in Japan: Socio-Economic and Technological Factors AgEcon
Usui, Takehiro; Chikasada, Mitsuko.
The Japanese government has encouraged reduction, reuse, and recycling of waste with the slogan "3R" under the Basic Law for Establishing a Recycling-based Society. However, the law is non-binding in nature; thus, the collection of each type of recyclable containers and packaging is done at the discretion of the municipalities. Some municipalities do not provide collection services for these recyclables. Why do some municipalities recycle while others do not? Few studies have investigated the determinants of the municipality's decision to collect recyclables. The purpose of this study is to examine the factors affecting a municipality's decision to implement the collection of already sorted recyclable containers and packaging in Japan. We use a panel data...
Tipo: Conference Paper or Presentation Palavras-chave: Recycling; Panel Probit; Landfill; Incineration; Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/103759
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A Positivist Approach to Pigouvian Taxes based on an Evolutionary Algorithm AgEcon
Simmons, Phil; Cacho, Oscar J..
Tipo: Working or Discussion Paper Palavras-chave: Pigouvian tax; Pollution tax; Genetic algorithm; Political preferences; Environmental Economics and Policy; Political Economy.
Ano: 2000 URL: http://purl.umn.edu/12941
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ASSESSING THE IMPACTS OF GLOBAL WARMING IN THE SOUTHEAST US AGRICULTURE USING OPTIMIZATION AND ECONOMIC FORECASTING PROCEDURE AgEcon
Paudel, Krishna P.; Hatch, L. Upton.
We used a memory shortening transformation method to forecast the future prices of the seven selected commodities in the Southeast USA. These forecasted prices were used to find the optimal crop selection in a model farm in a representative county of each of the ten states in the Southeast US under three likely climate change scenarios. It is found that the Hadley climate change scenario may be benign compared to Hot and Very Hot Scenarios.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/20622
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Foreign Direct Investment and Pollution Havens: Evaluating the Evidence from China AgEcon
Dean, Judith M.; Lovely, Mary E.; Wang, Hua.
One of the most contentious debates today is whether pollution-intensive industries seek locations with weak environmental standards, turning these locations into 'pollution havens." Empirical studies to date show little evidence to support the pollution haven hypothesis, but suffer potentially from omitted variable bias, specification, and measurement errors. This paper estimates the strength of pollution-haven behavior by examining the location choices of equity joint venture (EJV) projects in China. We derive a location choice model from a theoretical framework that incorporates the firm's production and abatement decision, agglomeration and factor abundance. We estimate conditional logit and nested multinomial logit models using new data sets...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; International Relations/Trade.
Ano: 2004 URL: http://purl.umn.edu/15854
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Thin and lumpy: an experimental investigation of water quality trading AgEcon
Suter, Jordan F.; Spraggon, John M.; Poe, Gregory L..
Water quality trading schemes in the United States can predominantly be characterized by low trading volumes. In this paper we utilize laboratory economics experiments to explore the extent to which the technology through which pollution abatement is achieved influences market outcomes. Mirroring the majority of water quality trading markets, the sessions utilize small trading groups composed of six participants. To understand the extent to which abatement technology influences trading behavior, the experimental treatments vary the degree of heterogeneity in initial abatement costs and the potential for long-lived investments in cost-reducing abatement technology.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/104023
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MODELING NITROGEN LOADING RATE TO DELAWARE LAKES USING REGRESSION AND NEURAL NETWORKS AgEcon
Sudhakar, Prachi; Krishnan, Palaniappa; Bernard, John C.; Ritter, William F..
The objective of this research was to predict the nitrogen-loading rate to Delaware lakes and streams using regression analysis and neural networks. Both models relate nitrogen-loading rate to cropland, soil type and presence of broiler production. Dummy variables were used to represent soil type and the presence of broiler production at a watershed. Data collected by Ritter & Harris (1984) was used in this research. To build the regression model Statistical Analysis System (SAS) was used. NeuroShell Easy Predictor, neural network software was used to develop the neural network model. Model adequacy was established by statistical techniques. A comparison of the regression and neural network models showed that both perform equally well. Cropland was...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/15824
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Irrigated Acreage Projections in Georgia AgEcon
Cai, Ruohong; Mullen, Jeffrey D.; Bergstrom, John C..
Irrigated acreage is an important indicator for agricultural water demand which is a major category of water use. Three methodologies were applied in this study to project irrigated acreage of major crops in Georgia from 2010 to 2050. These three methodologies show consistent results. Total irrigated acreage of major crops in Georgia is projected to increase for the next 40 years. The acreage projection results provide useful information for Georgia agricultural policy makers and farmers. However, the methodologies used in the study have some limitations. They can only be used under certain assumptions. Thus, better methodologies are needed for future related research.
Tipo: Conference Paper or Presentation Palavras-chave: Irrigated acreage projection; Acreage response elasticities; Crop Production/Industries; Environmental Economics and Policy; Farm Management; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/56468
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Causes of Multifunctionality: Externalities or Political Pressure? AgEcon
Baylis, Katherine R.; Casamatta, Georges; Peplow, Stephen; Rausser, Gordon C.; Simon, Leo K..
The EU has argued that some agricultural subsidies are needed to provide the optimal amount of externalities (both positive and negative) produced by agriculture. The argument is that agriculture is "multifunctional" and externalities such as rural development and landscape would be underproduced, while some forms of pollution (such as nitrogen runoff) would be overproduced without government intervention. Meanwhile, the United States has raised the concern that multifunctionality is primarily an argument to transfer income to producers. In this paper, we discuss the motivation for the EU agri-environmental measures and empirically test for those underlying causes. We find that the programs are not targeted at those regions with the highest...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/19297
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The Environmental Kuznets Curve: Tipping Points, Uncertainty and Weak Identification AgEcon
Bernard, Jean-Thomas; Gavin, Michael; Khalaf, Lynda; Voia, Marcel.
We consider an empirical estimation of the Environmental Kuznets Curve (EKC) for carbon dioxide and sulphur, with a focus on confidence set estimation of the tipping point. Various econometric – parametric and nonparametric – methods are considered, reflecting the implications of persistence, endogeneity, the necessity of breaking down our panel regionally, and the small number of countries within each panel. In particular, we propose an inference method that corrects for potential weak-identification of the tipping point. Weak identification may occur if the true EKC is linear while a quadratic income term is nevertheless imposed into the estimated equation. Relevant literature to date confirms that non-linearity of the EKC is indeed not granted, which...
Tipo: Working Paper Palavras-chave: Environmental Kuznets Curve; Fieller method; Delta method; CO2 and SO2 emissions; Confidence set; Tipping point; Climate policy; Environmental Economics and Policy; C52; Q51; Q52; Q56.
Ano: 2011 URL: http://purl.umn.edu/119109
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Regulating Farmers: Lessons Learned from the Delmarva Peninsula AgEcon
Perez, Michelle.
Tipo: Journal Article Palavras-chave: Regulation; Agriculture; Policy; Water; State; Agricultural and Food Policy; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q18; Q58.
Ano: 2011 URL: http://purl.umn.edu/117404
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State level analysis of drought policies and impacts in Rajasthan, India. AgEcon
Rathore, M.S..
Tipo: Working or Discussion Paper Palavras-chave: Drought; Policy; Expenditure; Livestock; Agricultural and Food Policy; Crop Production/Industries; Environmental Economics and Policy; Health Economics and Policy; Livestock Production/Industries; Production Economics.
Ano: 2006 URL: http://purl.umn.edu/92401
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Second Best Environmental Policies under Uncertainty AgEcon
Antoniou, Fabio; Hatzipanayotou, Panos; Koundouri, Phoebe.
We construct a strategic trade model of an international duopoly, whereby production by exporting firms generates a local pollutant. Governments use environmental policies, i.e., an emissions standard or a tax, to control pollution and for rent shifting purposes. Contrary to their firm, however, governments are unable to perfectly foresee the actual level of demand, the cost of abatement and the damage caused from pollution. Under these modes of uncertainty we derive sufficient conditions under which the governments optimally choose an emissions tax over an emissions standard.
Tipo: Working or Discussion Paper Palavras-chave: Strategic Environmental Policy; Pollution; Choice of Policy Instrument; Uncertainty; Environmental Economics and Policy; F12; F18; Q58.
Ano: 2010 URL: http://purl.umn.edu/59375
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The benefits to the Australian Pig meat industry from an increase in demand for a hypothetical low cholesterol pork product AgEcon
Slattery, Henry; Griffith, Garry R.; Malcolm, Bill; Dunshea, Frank.
This is the third of a series of papers examining the potential economic effects from the introduction of a hypothetical low cholesterol pork product into the Australian market. Here, a newly updated pig meat model reported by Griffith et al. (2010) is used to model the industry wide impacts of the Bellhouse et al. (2010) survey results on consumer willingness to pay for this new pork product. Six different scenarios are examined that are combinations of a 10, 20 or 30 per cent increase in consumer demand, with and without a 10 per cent increase in the costs of producing the more valuable pork. The simulation results for the various scenarios indicate total annual industry benefits of some $450m for an increase in aggregate willingness to pay of 30 per...
Tipo: Journal Article Palavras-chave: Cholesterol; Pork; Australia; Consumer willingness to pay; Demand; Agribusiness; Demand and Price Analysis; Environmental Economics and Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Production Economics.
Ano: 2010 URL: http://purl.umn.edu/114415
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Why Worry About Climate Change? A Research Agenda AgEcon
Tol, Richard S.J..
Estimates of the marginal damage costs of carbon dioxide emissions suggest that, although climate change is a problem and some emission reduction is justified, very stringent abatement does not pass the cost-benefit test. However, current estimates of the economic impact of climate change are incomplete. Some of the missing impacts are likely to be positive and others negative, but overall the uncertainty seems to concentrate on the downside risks and current estimates of the damage costs may have a negative bias. The research effort on the economic impacts of climate change is minute, and should be strengthened, with a particular focus on the quantification of uncertainties; estimating missing impacts, interactions between impacts and higher-order...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/12047
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