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On the Choice of Cost and Effectiveness Indicators in the Context of the European Water Policy AgEcon
Sinabell, Franz; Schmid, Erwin.
The Water Framework Directive requires EU Member States to analyse economic impacts of the Directive's implementation. To reach a "good status", instruments have to be judged according to their cost-effectiveness. We evaluate costs and effects of measures to reduce nitrate emission of Austrian agriculture. Results are based on a model that integrates production decisions with stochastic environmental outcomes. The Directive's requirement to involve stakeholders may make it necessary to take a large number of indicators into consideration. We find that alternative calculations of the effectiveness criterion give different rankings of the most effective combination of measures.
Tipo: Conference Paper or Presentation Palavras-chave: Sustainable water management; Environmental policy; Cost-effectiveness analysis; Eco-eco-modelling; Resource /Energy Economics and Policy; Q25; Q28; Q18.
Ano: 2006 URL: http://purl.umn.edu/25394
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