Regulation of Nitrogen Pollution: Taxes versus Quotas
This paper investigates the effects of first-best policies to regulate nitrogen application. Some nitrogen fertilizer is applied ex ante before a random rainfall, but side-dressed nitrogen may be applied ex post. First-best policy is a tax or a quota on ex ante application, because side-dressed nitr...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
1995-07-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/30925 |