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Does Nature Limit Environmental Federalism? AgEcon
Smith, V. Kerry; Schwabe, Kurt A.; Mansfield, Carol.
This research considers whether the principles developed to analyze the optimal jurisdiction for producing public goods can be applied in cases where regulations of private activities provide the primary means to deliver different amounts of public and quasi-public goods. The analysis evaluates how devolution affects the development of benefit cost analyses for regulations and the role of economic versus environmental factors in defining the extent of the regulatory market. Using a study of nutrient control for the Neuse River in North Carolina, the analysis develops area specific measures of the benefits and costs of regulations and illustrates how changes in the composition of the areas allowed to "count" for policy design can affect decisions about the...
Tipo: Working or Discussion Paper Palavras-chave: Environmental federalism; Benefit-cost analysis; Nutrient control; Environmental Economics and Policy; H11; H23; Q28.
Ano: 1997 URL: http://purl.umn.edu/10684
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