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Taheripour, Farzad; Khanna, Madhu; Nelson, Charles. |
This paper uses stylized analytical and numerical general equilibrium models to evaluate the welfare impacts of alternative policies for reducing nitrogen run-off from agricultural production in an open economy while recognizing the presence of distortionary agricultural support subsidies and factor income taxes. The alternative policies examined here are a nitrogen run-off tax, a nitrogen run-off reduction subsidy, a tax on the production of agricultural goods, a "two-part" instrument - a combination of the second and the third policies, and land retirement. The paper uses an analytical model to express the welfare impacts of each policy into several components and compares these components across alternative policies. From the analytical model the paper... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/19317 |