We investigate the comparative static effects of environmental and agricultural policies on pesticide and fertilizer use. Since such effects depend on technology and risk preference parameters, we estimate these from a panel data set of Illinois farms. Generalized method of moments is used on a...

This study develops a theoretical general equilibrium model to examine optimal externality tax policy in the presence of externalities linked to one another through markets rather than technical production relationships. Analytical results reveal that the second-best externality tax rate may be...

We examine the efficiency of current flood risk allocation and the use of flood easements as a means of reallocating flood risk and reducing total flood damages in large river floodplains. Changes in agricultural floodplain land use and levels of crop insurance coverage as the risk of flooding...

This study develops a theoretical general equilibrium model to examine optimal externality tax policy in the presence of externalities linked to one another through markets rather than technical production relationships. Analytical results reveal that the second-best externality tax rate may be...

A dynamic programming algorithm is proposed for a class of nonpoint source pollution control problems. The inherently combinatorial nature of these problems--stemming from the discrete nature of the decision variables, which are production and conservation practices--gives them a special...

Despite extensive research and policy initiatives to increase the technical, financial, and managerial capacity of small drinking water systems, there has been little research focusing on understanding how consolidation can increase the overall capacity of the drinking water industry....

This paper explores the linkages of environment and economic development in the floodplain of large rivers. There is considerable evidence that even the most vital floodplains in the world are not being managed efficiently and both economic and ecological factors need to be considered for...