Article
Alternative Green Payment Policies When Multiple Benefits Matter
Agricultural and Resource Economics Review
Document Type
Article
Disciplines
Publication Version
Submitted Manuscript
Publication Date
9-15-2016
DOI
10.1017/S1068280500005700
Abstract
This study investigates the environmental impacts of several forms of policies that offer farmers subsides in return for the adoption of conservation tillage. The policies differ as to whether the tillage practice or one of several environmental benefits is targeted. We develop an Environmental Lorenz Curve which fully represents the performance of the targeting policies, and show that this curve can be directly used to help select the optimal targeting strategy for special classes of social welfare functions. The model is applied to the state of Iowa.
Citation Information
Jinhua Zhao, Lyubov A. Kurkalova and Catherine L. Kling. "Alternative Green Payment Policies When Multiple Benefits Matter" Agricultural and Resource Economics Review Vol. 33 Iss. 1 (2016) p. 148 - 158 Available at: http://works.bepress.com/catherine_kling/101/
This is a working paper of an article from Agricultural and Resource Economics Review, 33(1); 2016; 148-158. DOI: 10.1017/S1068280500005700.