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Instrument Choice And Budget-Constrained Targeting

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  • Horan, Richard D.
  • Claassen, Roger
  • Agapoff, Jean
  • Zhang, Wei

Abstract

We analyze how choosing to use a particular type of instrument for agri-environmental payments, when these payments are constrained by the regulatory authority's budget, implies an underlying targeting criterion with respect to costs, benefits, participation, and income, and the tradeoffs among these targeting criteria. The results provide insight into current policy debates.

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File URL: http://purl.umn.edu/20387
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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2004 Annual meeting, August 1-4, Denver, CO with number 20387.

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Date of creation: 2004
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Handle: RePEc:ags:aaea04:20387

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Keywords: Research Methods/ Statistical Methods;

References

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  1. Roger Claassen & Richard Horan, 2001. "Uniform and Non-Uniform Second-Best Input Taxes," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 19(1), pages 1-22, May.
  2. Kawagoe, Toshihiko & Otsuka, Keijiro & Hayami, Yujiro, 1986. "Induced Bias of Technical Change in Agriculture: The United States and Japan, 1880-1980," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 523-44, June.
  3. Binswanger, Hans P., 1973. "The Measurement Of Technical Change Biases With Many Factors Of Production," Staff Papers 14205, University of Minnesota, Department of Applied Economics.
  4. Richard D. Horan & James S. Shortle & David G. Abler, 1999. "Green Payments for Nonpoint Pollution Control," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(5), pages 1210-1215.
  5. Batie, Sandra S., 1999. "Green Payments As Foreshadowed By Eqip," Staff Papers 11750, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  6. James Shortle & David Abler & Richard Horan, 1998. "Research Issues in Nonpoint Pollution Control," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 11(3), pages 571-585, April.
  7. Robin W. Boadway, 1994. "The Role of Second-Best Theory in Public Economics," Working Papers 910, Queen's University, Department of Economics.
  8. Zhang, Wei & Horan, Richard D. & Claassen, Roger, 2003. "The Economics Of Green Payments For Reducing Agricultural Nonpoint Source Pollution In The Corn Belt," 2003 Annual meeting, July 27-30, Montreal, Canada 21939, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  9. Babcock, Bruce A. & Lakshminarayan, P. G. & Wu, J. & Zilberman, David, 1997. "Targeting Tools for the Purchase of Environmental Amenities," Staff General Research Papers 5220, Iowa State University, Department of Economics.
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