Relative Efficiency of Voluntary Versus Mandatory Environmental Regulations, The
AbstractWhen the government wants farmers to adopt a certain management practice on environmentally sensitive land, it can mandate adoption, with fines for noncompliance, or use a stewardship program, with incentives for those who comply. The Federal Agriculture Improvement Act of 1996 (FAIR) continues the tradition of voluntary programs. An analysis by the authors outlines the conditions under which these voluntary programs are more efficient than mandatory ones.
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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 96-wp172.
Date of creation: Nov 1996
Date of revision:
Other versions of this item:
- Wu, JunJie & Babcock, Bruce A., 1999. "Relative Efficiency of Voluntary Versus Mandatory Environmental Regulations (The)," Staff General Research Papers 1014, Iowa State University, Department of Economics.
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