The Welfare Sensitivity of Agri-Environmental Instruments
Autor: | Richard D. Horan, Roger Claassen, Lance Howe |
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Jazyk: | angličtina |
Rok vydání: | 2001 |
Předmět: | |
Zdroj: | Journal of Agricultural and Resource Economics, Vol 26, Iss 2, Pp 368-386 (2001) |
Druh dokumentu: | article |
ISSN: | 1068-5502 2327-8285 |
DOI: | 10.22004/ag.econ.31041 |
Popis: | Most economic studies of pollution control analyze policies that are optimal for a given set of underlying parameters. Less understood is how such policies perform when the underlying parameters change and policies are not adjusted in response, or what the benefits of adjustment are. We construct several measures of welfare sensitivity and use them to analyze the welfare impacts arising in a simulation of second-best, agri-environmental policies. |
Databáze: | Directory of Open Access Journals |
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