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Information on sellers and buyers characteristics: added value to explain price formation at primary fish markets in managed French scallop fisheries ArchiMer
Lesur-irichabeau, Gabrielle; Guyader, Olivier; Fresard, Marjolaine; Leroy, C.; Latouche, K.; Le Grel, L..
The aim of this article is to explore, through a hedonic approach, the factors that might explain the price variability for the French-managed fishery of scallop at primary fish markets. In addition to factors classically identified in the current literature like intrinsic product characteristics or markets situation, the characteristics of operators are tested. The relationships of loyalty between sellers and buyers, and market assiduity are notably considered.
Tipo: Text Palavras-chave: Buyer and seller characteristics; Fisheries management; Hedonic price; Market behaviour; Market structure; Scallop; Q21; Q22; Q28; C10; L11.
Ano: 2016 URL: http://archimer.ifremer.fr/doc/00301/41252/40442.pdf
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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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Buyback Programs: Goals, Objectives, and Industry Restructuring in Fisheries AgEcon
Kirkley, James E.; Walden, John B.; Waters, James R..
National Oceanic and Atmospheric Administration Fisheries has conducted several buyback programs to reduce harvesting capacity in fisheries. These programs have attempted to maximize capacity reduction given a fixed budget. However, restructuring issues have not been considered. We explore the possibility of satisfying three different buyback objective We examine the black sea bass trap fishery and determine the number of vessels given different allowable catch levels and objectives of maximizing technical efficiency, capacity utilization, and vessels in the fishery. We find considerable variation in the number of vessels allowed to remain in the fishery given the different objectives.
Tipo: Journal Article Palavras-chave: Capacity utilization; Data Envelopment Analysis; Fishery buyback programs; Fishing capacity; C61; D24; Q22; Q28.
Ano: 2004 URL: http://purl.umn.edu/43422
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How Do Public Disclosure Pollution Control Programs Work? Evidence from Indonesia AgEcon
Afsah, Shakeb; Blackman, Allen; Ratunanda, Damayanti.
Although a growing body of evidence suggests that publicly disclosing information about plants' environmental performance can motivate emissions reductions, this phenomenon remains poorly understood. To help fill this gap, this paper presents original data from a survey of plants participating in the Program for Pollution Control, Evaluation and Rating (PROPER), Indonesia's widely-acclaimed public disclosure program. These data suggest that a key means by which PROPER spurs abatement is improving factory managers' information about their own plants' emissions and abatement opportunities. This finding contrasts with the prevailing view in the literature that public disclosure enhances pressures to abate placed on firms by external agents such as community...
Tipo: Working or Discussion Paper Palavras-chave: Public disclosure; Environment; Voluntary regulation; Informal regulation; Indonesia; Environmental Economics and Policy; Q28; Q25; O13.
Ano: 2000 URL: http://purl.umn.edu/10515
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The Next Generation of Market-Based Environment Policies AgEcon
Stavins, Robert N.; Whitehead, Bradley W..
We examine what will be required if market-based environmental policy instruments are to become a major force in U.S. environmental policy. We define market-based instruments, and specify five categories: pollution charges; tradable permits; deposit refund systems; reducing market barriers; and eliminating government subsidies. We review major U.S. applications, including: EPA's emissions trading program; the leaded gasoline phasedown; water quality permit trading; CFC trading; SO2 allowance trading; and the RECLAIM program. We assess the U.S. experience in terms of the relatively limited use of these instruments and in terms of the mixed record of performance of implemented instruments. We ask how the next generation of market-based instruments can be...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy; Q28; Q48.
Ano: 1996 URL: http://purl.umn.edu/10640
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A note on the performance measure of conservation auctions AgEcon
Latacz-Lohmann, Uwe; Schilizzi, Steven.
We argue that previous assessments of discriminatory-price conservation auctions may have systematically overestimated their performance relative to uniform-payment schemes due to an inappropriate counterfactual comparison. We demonstrate that the cost curve (and not the bid curve) is the relevant supply curve when a uniform payment is offered and provide a theoretically rigorous counterfactual based on that insight. We estimate that the performance of BushTender may have been overrated by more than 50%.
Tipo: Working or Discussion Paper Palavras-chave: Auctions; Procurement; Tenders; Conservation; Economic experiments; Model validation; Plus: assessment method; Agricultural policy; Environmental policy; Market-based instruments; Environmental Economics and Policy; Research Methods/ Statistical Methods; C91; C92; D44; Q24; Q28.
Ano: 2011 URL: http://purl.umn.edu/100885
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On the Implications of Technological Innovation for Environmental Policy AgEcon
Parry, Ian W.H..
This paper draws on a number of recent studies to shed light on several policy issues raised by the impact of environmental policies on technological innovation. First, to what extent does induced innovation raise the overall net benefits to society from environmental policies? Second, how does induced innovation affect the appropriate choice among alternative environmental policy instruments? Third, how does it affect the optimal stringency of environmental regulations? Fourth, should environmental policies be supplemented with additional policies to promote innovation, such as research contracts or prizes for new technologies?
Tipo: Working or Discussion Paper Palavras-chave: Environment; Technological innovation; Pollution control; Instrument choice; Environmental Economics and Policy; Q28; O38.
Ano: 2001 URL: http://purl.umn.edu/10797
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Bankruptcy Risk and Imperfectly Enforced Emissions Taxes AgEcon
Stranlund, John K.; Zhang, Wei.
Under favorable but reasonable conditions, an imperfectly enforced emissions tax produces the efficient allocation of individual emissions control; aggregate emissions are independent of whether enforcement of the tax is sufficient to induce the full compliance of firms, and differences in individual violations are independent of firm-level differences. All of these desirable characteristics disappear when some firms under an emissions tax risk bankruptcy—the allocation of emissions control is inefficient, imperfect enforcement causes higher aggregate emissions, and financially insecure firms choose higher violations.
Tipo: Working or Discussion Paper Palavras-chave: Bankruptcy; Emissions Taxes; Limited Liability; Environmental Economics and Policy; Public Economics; Risk and Uncertainty; L51; Q28; Q58.
Ano: 2008 URL: http://purl.umn.edu/42127
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REGULATING IRRIGATION VIA BLOCK-RATE PRICING: AN ECONOMETRIC ANALYSIS AgEcon
Bar-Shira, Ziv; Finkelshtain, Israel; Simhon, Avi.
In this paper, we adapt Burtless and Hausman’'s (1978) methodology in order to estimate farmer's’ demand for irrigation water under increasing block-rate tariffs and empirically assess its effect on aggregate demand and inter-farm allocation efficiency. This methodology overcomes the technical challenges raised by increasing block rate pricing and accounts for both observed and unobserved technological heterogeneity among farmers. Employing a micro panel data documenting irrigation levels and prices in 185 Israeli agricultural communities in the period 1992-1997 we estimate water demand elasticity at -–0.3 in the short run (the effect of a price change on demand within a year of implementation) and –-0.46 in the long run. We also find that, in...
Tipo: Working or Discussion Paper Palavras-chave: Block-Rate Pricing; Irrigation; C13; Q15; Q28; Resource /Energy Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/14982
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Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost? AgEcon
Bosetti, Valentina; Carraro, Carlo; Sgobbi, Alessandra; Tavoni, Massimo.
Despite the growing concern about actual on-going climate change, there is little consensus about the scale and timing of actions needed to stabilise the concentrations of greenhouse gases. Many countries are unwilling to implement effective mitigation strategies, at least in the short-term, and no agreement on an ambitious global stabilisation target has yet been reached. It is thus likely that some, if not all countries, will delay the adoption of effective climate policies. This delay will affect the cost of future policy measures that will be required to abate an even larger amount of emissions. What additional economic cost of mitigation measures will this delay imply? At the same time, the uncertainty surrounding the global stabilisation target to be...
Tipo: Working or Discussion Paper Palavras-chave: Uncertainty; Climate Policy; Stabilisation Costs; Delayed Action; Environmental Economics and Policy; C72; H23; Q25; Q28.
Ano: 2008 URL: http://purl.umn.edu/44219
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Marine Protected Areas as Fishery Policy: A Discussion of Potential Costs and Benefits AgEcon
Sanchirico, James N..
Marine protected areas (MPAs) are currently receiving considerable attention as a "new" tool to control overexploitation. Many advocates argue that MPAs will provide a plethora of benefits ranging from improved habitat to higher fish stocks with little costs. Fishermen argue, not surprisingly, that the costs resulting from closing areas could be significant and need to be considered in the debate. In this paper, a set of biological, industry, and management hypotheses drawn from the literature analyzing the effects of MPAs are discussed. In doing so, a framework is presented that can be used to assess the expected returns to society from investing in MPAs.
Tipo: Working or Discussion Paper Palavras-chave: Renewable resources; Fisheries; Marine protected areas; No-take zones; Resource /Energy Economics and Policy; Q22; Q28.
Ano: 2000 URL: http://purl.umn.edu/10728
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Institutional Impediments to Groundwater Trading: the case of the Gnangara groundwater system of Western Australia AgEcon
Skurray, James H.; Pandit, Ram; Pannell, David J..
The development of a market in groundwater usage rights can be inhibited by constraints arising from the institutional context. Such impediments may reduce the potential gains from trade and may generate high transaction costs for prospective traders. We analyse the regulations and policies influencing groundwater transfers in a case-study area -- the Gnangara groundwater system around Perth, Western Australia -- and identify significant impediments to a groundwater market. Property rights are found to be conditional, temporary, and vulnerable to amendment. Regulatory approval is required for all transfers. Facilitating infrastructure is lacking, and price information is unavailable. Management area boundaries reflect land ownership and use rather than...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural and Food Policy; Environmental Economics and Policy; Institutional and Behavioral Economics; Land Economics/Use; Political Economy; Public Economics; Resource /Energy Economics and Policy; Q15; Q25; Q28; Q38; Q56; Q57; Q58; D02; R52; H41; H23; H11; D23; D47; D78; H44.
Ano: 2011 URL: http://purl.umn.edu/117825
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Utilizing Contingent Claims to Improve the Management of CAFOs AgEcon
Gramig, Benjamin M.; Skees, Jerry R.; Black, J. Roy.
We propose a market-based approach to reducing the environmental risk posed by concentrated animal feeding operations (CAFOs). The dual problems of hidden information and hidden action faced by policymakers are considered alongside the competing incentives faced by the CAFO manager in a multiple principal-agent setting. A new approach that uses insurance-like contracts is introduced by use of the specific example of a swine operation with a lagoon-based manure management system. Index-based contingent claims contracts in tandem with third-party auditing and waste hauling options are introduced as a complement to regulatory frameworks designed to reduce negative externalities from production.
Tipo: Journal Article Palavras-chave: Animal feeding operations; Asymmetric information; Environmental risk; Insurance; Public policy; Regulation; D82; G22; L51; Q18; Q25; Q28.
Ano: 2004 URL: http://purl.umn.edu/43346
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Accumulative Pollution, "Clean Technology," and Policy Design AgEcon
Withagen, Cees; Toman, Michael.
Environmental policymakers must address the adverse effects of a number of pollutants that accumulate in the environment. Goals for the regulation of these damages often involve holding long-term emissions below a level deemed to be "dangerous", or outright banning of offending products or processes along with subsidization of more "green" alternatives. This paper builds upon previous studies by Keeler, Spence, and Zeckhauser (1971) and Tahvonen and Withagen (1996) in addressing the optimal long-term management of an accumulative but assimilatable pollutant through policies that restrict more damaging production processes and thereby induce more benign alternatives. Using a simple general equilibrium approach, we consider the possibility that the...
Tipo: Working or Discussion Paper Palavras-chave: Stock externalities; Nonconvexities; Sustainable development; Environmental Economics and Policy; Q20; Q28; D62.
Ano: 1998 URL: http://purl.umn.edu/10748
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Landowner response to policies regulating land improvements: lease or search for other options? AgEcon
Eija, Pouta; Sami, Myyra; Kyosti, Pietola.
Land improvements with long pay-back periods are often delayed on leased agricultural land, resulting in social costs through land degradation, decreased land productivity and environmental problems. An important question is thus how landowners would respond to regulations and mandates concerning land improvements. Based on a landowner survey, we analyse landowner choices under certain land improvement regulations, using the currently dominant choice of leasing land for agricultural use as the benchmark. The results indicated that land leasing will continue to increase in the future, but if the landowner mandate to co-finance costly land improvements is increased, landowners are predicted to respond significantly to these mandates and search for other land...
Tipo: Conference Paper or Presentation Palavras-chave: Contingent behaviour; Latent class model; Landlord; Land use; Heterogeneity; Land Economics/Use; Q15; Q24; Q28.
Ano: 2011 URL: http://purl.umn.edu/114770
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Science, Politics, and U.S. Forest Law: The Battle over the Forest Service Planning Rule AgEcon
Hoberg, George.
This paper reviews the battles over the Forest Service planning rule that culminated in the November 2000 revising of the regulations implementing the National Forest Management Act. In a departure from the agency's emphasis on multiple use, the rule established ecological sustainability as the key objective guiding planning for the national forests. The supporting material explicitly states that "it is based on the recommendation of an eminent committee of scientists." This paper examines the Committee of Scientists and the NFMA rule as a case study in the relation between science and politics in the development and implementation of statutory standards for management of the National Forest System. The conclusion considerations the broader question of...
Tipo: Working or Discussion Paper Palavras-chave: Forest Service; Planning; National Forest Management Act; Committee of Scientists; Multiple use; Sustainability; Resource /Energy Economics and Policy; K00; Q23; Q28.
Ano: 2003 URL: http://purl.umn.edu/10604
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Controlling a Stock Pollutant with Endogenous Abatement Capital and Asymmetric Information AgEcon
Karp, Larry S.; Zhang, Jiangfeng.
Non-strategic firms with rational expectations make investment and emissions decisions. The investment rule depends on firms' beliefs about future emissions policies. We compare emissions taxes and quotas when the (strategic) regulator and (nonstrategic) firms have asymmetric information about abatement costs, and all agents use Markov Perfect decision rules. Emissions taxes create a secondary distortion at the investment stage, unless a particular condition holds; emissions quotas do not create a secondary distortion. We solve a linear-quadratic model calibrated to represent the problem of controlling greenhouse gasses. The endogeneity of abatement capital favors taxes, and it increases abatement.
Tipo: Working or Discussion Paper Palavras-chave: Pollution control; Investment; Asymmetric information; Rational expectations; Choice of instruments; Environmental Economics and Policy; C61; D8; H21; Q28.
Ano: 2002 URL: http://purl.umn.edu/25071
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Consequences of EU Biofuel Policies on Agricultural Production and Land Use AgEcon
Banse, Martin; van Meijl, Hans; Woltjer, Geert B..
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy; D58; Q13; Q24; Q27; Q28.
Ano: 2008 URL: http://purl.umn.edu/94666
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The Choice of Management Practices: What Determines the Design of an Environmental Management System? AgEcon
Anton, Wilma Rose Q..
This paper examines whether differential incentives exist in the adoption of environmental management practices (EMPs) with varying features that often make up the design of environmental management systems implemented by firms. Estimation of multivariate probit models reveals that greater consumer, regulatory and investor pressures are positively related to the adoption of EMPs that directly enhance a firm's green image. In addition, potential liability costs are positively associated with adopting broad-based EMPs while regulatory pressures are not generally found to have any significant relationship with environmental efforts that improve and address compliance issues. Results also reveal that competitive pressures arising from environmental efforts by...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental management system; Environmental management practice; Environmental self-regulation; Voluntary adoption; Multivariate probit; Environmental Economics and Policy; Q5; L5 –; L1 –; Q28.
Ano: 2005 URL: http://purl.umn.edu/19503
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A Safety Valve for Emissions Trading AgEcon
Stranlund, John K..
This paper considers the optimal design of an emissions trading program that includes a safety valve tax that allows pollution sources to escape the emissions cap imposed by the aggregate supply of emissions permits. I demonstrate that an optimal hybrid emissions trading/emissions tax policy involves a permit supply that is strictly less than under a pure emissions trading scheme and a safety valve tax that exceeds the optimal pure emissions tax as long as expected marginal damage is an increasing function. While the expected level of emissions under a hybrid policy may be more or less than under pure emissions trading or a pure emissions tax, under the assumption that uncertainty about aggregate marginal abatement costs is symmetric the most likely...
Tipo: Working or Discussion Paper Palavras-chave: Emissions Taxes; Emissions Trading; Uncertainty; Safety Valve; Hybrid Emissions Control; Environmental Economics and Policy; Public Economics; Risk and Uncertainty; L51; Q28.
Ano: 2009 URL: http://purl.umn.edu/53125
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