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Nonpoint source pollution, space, time, and asymmetric information, a deposit refund approach

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  • Goetz, Renan U.
  • Berga, Dolors

Abstract

The incorporation of space allows the establishment of a more precise relationship between a contaminating input, a contaminating byproduct and emissions that reach the final receptor. However, the presence of asymmetric information impedes the implementation of the first-best policy. As a solution to this problem a site specific deposit refund system for the contaminating input and the contaminating byproduct are proposed. Moreover, the utilization of a successive optimization technique first over space and second over time enables definition of the optimal intertemporal site specific deposit refund system.

Suggested Citation

  • Goetz, Renan U. & Berga, Dolors, 2004. "Nonpoint source pollution, space, time, and asymmetric information, a deposit refund approach," Working Papers of the Department of Economics, University of Girona 10, Department of Economics, University of Girona.
    • Handle: RePEc:udg:wpeudg:010
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    References listed on IDEAS

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    4. Hilary Sigman, 1998. "Midnight Dumping: Public Policies and Illegal Disposal of Used Oil," RAND Journal of Economics, The RAND Corporation, vol. 29(1), pages 157-178, Spring.
    5. Goetz, Renan-Ulrich & Zilberman, David, 2000. "The Economics Of Land-Zoning," 2000 Annual meeting, July 30-August 2, Tampa, FL 21828, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Cabe, Richard & Herriges, Joseph A., 1992. "The regulation of non-point-source pollution under imperfect and asymmetric information," Journal of Environmental Economics and Management, Elsevier, vol. 22(2), pages 134-146, March.
    7. Eithan Hochman & David Pines & David Zilberman, 1977. "The Effects of Pollution Taxation on the Pattern of Resource Allocation: The Downstream Diffusion Case," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 91(4), pages 625-638.
    8. Goetz, Renan U. & Zilberman, David, 2000. "The dynamics of spatial pollution: The case of phosphorus runoff from agricultural land," Journal of Economic Dynamics and Control, Elsevier, vol. 24(1), pages 143-163, January.
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    More about this item

    Keywords

    nonpoint source pollution; spatial economics; deposit refund system; asymmetric information;
    All these keywords.

    JEL classification:

    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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