Alternative Green Payment Policies under Heterogeneity When Multiple Benefits Matter
AbstractWe investigate the environmental impacts of several forms of policies that offer farmers subsides in return for adoption of conservation tillage. The policies differ on whether the tillage practice or one of the environmental benefits is targeted. We develop an environmental Lorenz curve that fully represents the performance of the targeting policies, and we show that these curves can be used directly to help select the optimal targeting strategy for special classes of social welfare functions. We apply the model to the state of Iowa.
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Bibliographic InfoPaper provided by Center for Agricultural and Rural Development (CARD) at Iowa State University in its series Center for Agricultural and Rural Development (CARD) Publications with number 03-wp341.
Date of creation: Jul 2003
Date of revision:
environmental Lorenz curve; multiple benefits of conservation tillage; targeting subsidy policy.;
Other versions of this item:
- Zhao, Jinhua & Kling, Catherine L. & Kurkalova, Lyubov A., 2003. "Alternative Green Payment Policies Under Heterogeneity When Multiple Benefits Matter," Staff General Research Papers 10682, Iowa State University, Department of Economics.
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Staff General Research Papers
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