Conservation payments lead to improvement in environmental quality only if farmers and ranchers who receive them adopt conservation practices that would not have been adopted without the payment. When a voluntary payment causes a change in practice(s) that lead(s) to improved environmental...

This document attempts to organize and summarize the major developments of the trade and environment literature observed during the last ten years. Both the major theoretical and empirical contributions are presented and discussed. This includes an overview of the different methods economists...

Heterogeneity of agricultural landscapes may necessitate the use of spatially targeted instrument combinations to implement the social optimum. But compliance with these policies may require costly enforcement. This paper examines the design of agri-environmental policies featuring two of the...

Latent demand models can be used to overcome computational difficulties that frequently hamper empirical evaluation of relatedness in the adoption of multiple technologies. This paper develops and applies such an approach to a case involving agricultural soil and water conservation. The results...

Many notable pollution problems occur in industries where production is carried out under vertical coordination arrangements that are characterized by conditions of double moral hazard. In contrast to situations characterized by full information, we show that standard prescriptions of...

This paper examines how certain new structural factors have contributed to the latest great financial crisis and world recession of 2008-09. We focus on three of these structural factors: (i) the incorporation of highly populated countries into the growth process; (ii) The increasing scarcity of...