This study evaluates the tradeoff between agricultural production and water quality for individual producers using an integrated economic-biophysical hybrid genetic algorithm. We apply a multi-input, multi-output profit maximization model to detailed farm-level production data from the Oregon...

The authors empirically test the political-economic hypothesis that institutions have played major roles not only in the generation of technical change, but also in improving micro-units' ability to realize the potential gains from such changes. After a look at the literature on 'Green...