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Nutrient Trading in Lake Rotorua: Choosing the Scope of a Nutrient Trading System

Author

Listed:
  • Lock, Kelly
  • Kerr, Suzi

Abstract

A nutrient trading system is one mechanism that is currently being considered to control and reduce nutrient loss into Lake Rotorua. However this may not be the best mechanism for controlling nutrient loss from all sources. A more comprehensive system improves efficiency and decreases market power opportunities, but it can also bring increased compliance and administrative costs. This paper discusses which sources should be included in a nutrient trading system for Lake Rotorua. It examines existing systems and presents an empirical analysis to estimate the impact of including different nutrient sources.

Suggested Citation

  • Lock, Kelly & Kerr, Suzi, 2008. "Nutrient Trading in Lake Rotorua: Choosing the Scope of a Nutrient Trading System," Motu Working Papers 292658, Motu Economic and Public Policy Research.
    • Handle: RePEc:ags:motuwp:292658
    DOI: 10.22004/ag.econ.292658
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    File URL: https://ageconsearch.umn.edu/record/292658/files/08_05.pdf
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    2. Lock, Kelly & Kerr, Suzi, 2008. "Nutrient Trading in Lake Rotorua: Overview of a Prototype System," Motu Working Papers 292663, Motu Economic and Public Policy Research.
    3. Suzi Kerr & Kelly Lock, 2010. "Improving Lake Water Quality Through a Nutrient Trading System: The Case of New Zealand’s Lake Rotorua," Chapters, in: Iris Claus & Norman Gemmell & Michelle Harding & David White (ed.), Tax Reform in Open Economies, chapter 11, Edward Elgar Publishing.
    4. McDonald, Hugh & Kerr, Suzi, 2011. "Trading Efficiency in Water Quality Trading Markets: An Assessment of Trade-Offs," Motu Working Papers 291426, Motu Economic and Public Policy Research.
    5. Lock, Kelly & Kerr, Suzi & Cox, Tim & Rutherford, Kit, 2008. "Assessing design options for a Nutrient Trading System using an integrated model," 2008 Conference, August 28-29, 2008, Nelson, New Zealand 96443, New Zealand Agricultural and Resource Economics Society.

    More about this item

    Keywords

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    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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