Goetz, Renan-Ulrich; Schmid, Hansjörg; Lehmann, Bernard - In: European Review of Agricultural Economics 33 (2006) 1, pp. 1-30
Among the second-best approaches for the regulation of pollution, little attention has been paid to the distorting effect of intensive margin policies on the extensive margin. This article shows, within a dynamic framework, that regulation of the intensive margin has to be complemented by...