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Risk Considerations In The Reduction Of Nitrogen Fertilizer Use In Agricultural Production

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  • Lambert, David K.

Abstract

Nonpoint pollution problems resulting from current agricultural practices are forcing policymakers to examine alternative mitigation strategies. Two mechanisms suggested to control the use of nitrogen fertilizer, a source of potentially harmful contaminants of water sources, are quantitative standards and incentives through per-unit taxation. Impacts of both policies on the distribution of farm net returns are analyzed. Risk attitudes are observed to influence the magnitude of farmer response to alternative policies.

Suggested Citation

  • Lambert, David K., 1990. "Risk Considerations In The Reduction Of Nitrogen Fertilizer Use In Agricultural Production," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(02), December.
  • Handle: RePEc:ags:wjagec:32064
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    File URL: http://purl.umn.edu/32064
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    References listed on IDEAS

    as
    1. Buchanan, James M & Tullock, Gordon, 1975. "Polluters' Profits and Political Response: Direct Controls Versus Taxes," American Economic Review, American Economic Association, vol. 65(1), pages 139-147, March.
    2. Batie, Sandra S., 1988. "Agriculture as the Problem: New Agendas and New Opportunities," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 20(01), pages 1-11, July.
    3. Batie, Sandra S., 1988. "Agriculture As The Problem: New Agendas And New Opportunities," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 20(01), July.
    4. Russeli, Clifford S., 1986. "A note on the efficiency ranking of two second-best policy instruments for pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 13(1), pages 13-17, March.
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