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Farm Level Impacts Of Improving Environmental Quality Under Risk

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  • Setia, Parveen
  • Letson, Dave

Abstract

Nonpoint-source pollution can be reduced by altering land use. A methodology to evaluate alternative management systems and the resulting economic and environmental impacts under risk is presented. Results show that a 20% reduction in leaching losses decreased net income by only $50 to $600 depending upon the level of risk aversion.

Suggested Citation

  • Setia, Parveen & Letson, Dave, "undated". "Farm Level Impacts Of Improving Environmental Quality Under Risk," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271085, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea91:271085
    DOI: 10.22004/ag.econ.271085
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    References listed on IDEAS

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    5. Collins, Robert A. & Headley, J. C., 1983. "Optimal investment to reduce the decay rate of an income stream: The case of soil conservation," Journal of Environmental Economics and Management, Elsevier, vol. 10(1), pages 60-71, March.
    6. repec:ags:agsaem:288652 is not listed on IDEAS
    7. Killingsworth, Donald G. & Matulich, Scott C., 1981. "Motivating Adoption Of Best Management Practices: Implications For Cost Effectiveness," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279292, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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