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A Water Quality Trading Simulation for Northeast Kansas

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  • Peterson, Jeffrey M.
  • Smith, Craig M.
  • Valentin, Luc

Abstract

A simulation model is developed to quantify the effects of information and trading ratios on the performance of a water quality market. An application of this model to a northeast Kansas watershed suggests that performance is improved by information provision and a 1:1 trading ratio between point and nonpoint loadings.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2005 Annual meeting, July 24-27, Providence, RI with number 19167.

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Date of creation: 2005
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Handle: RePEc:ags:aaea05:19167

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Keywords: Resource /Energy Economics and Policy;

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  1. Beaton, Aaron J. & Dhuyvetter, Kevin C. & Kastens, Terry L. & Williams, Jeffery R., 2005. "Per Unit Costs to Own and Operate Farm Machinery," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(01), April.
  2. Atkinson, Scott & Tietenberg, Tom, 1991. "Market failure in incentive-based regulation: The case of emissions trading," Journal of Environmental Economics and Management, Elsevier, vol. 21(1), pages 17-31, July.
  3. Y. Ermoliev & M. Michalevich & A. Nentjes, 2000. "Markets for Tradeable Emission and Ambient Permits: A Dynamic Approach," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 15(1), pages 39-56, January.
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