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Voluntary Cost-Share Programs: Lessons from Economic Theory and Their Application to Rural Water Quality Programs AgEcon
Weersink, Alfons; McKitrick, Ross; Nailor, Mike.
Inducing farmers to adopt alternative, more environmentally friendly production practices has been attempted in a variety of ways ranging from moral suasion to direct regulation to economic instruments. Among the most common instruments are voluntary cost-share programs that involve taxpayers sharing in the cost of production practices that generate fewer pollutants. These programs increase the attractiveness of alternative practices to farmers because they either compensate the farmer for any loss in profits or they offset the capital costs of adopting the new technology. Voluntary cost-share programs are a common policy tool because of their political viability, but their effectiveness has been limited largely due to the blanket approach used to...
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/45694
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