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...

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Bibliographic Details
Main Authors: E. Kwan Choi, Eli Feinerman
Format: Article
Language:English
Published: Western Agricultural Economics Association 1995-07-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/30925