TY - JOUR
T1 - Alternative green payment policies when multiple benefits matter
AU - Zhao, Jinhua
AU - Kurkalova, Lyubov
AU - Kling, Catherine L.
PY - 2004/1/1
Y1 - 2004/1/1
N2 - This study investigates the environmental impacts of several forms of policies that offer farmers subsides in return for the adoption of conservation tillage. The policies differ as to whether the tillage practice or one of several environmental benefits is targeted. We develop an Environmental Lorenz Curve which fully represents the performance of the targeting policies, and show that this curve can be directly used to help select the optimal targeting strategy for special classes of social welfare functions. The model is applied to the state of Iowa.
AB - This study investigates the environmental impacts of several forms of policies that offer farmers subsides in return for the adoption of conservation tillage. The policies differ as to whether the tillage practice or one of several environmental benefits is targeted. We develop an Environmental Lorenz Curve which fully represents the performance of the targeting policies, and show that this curve can be directly used to help select the optimal targeting strategy for special classes of social welfare functions. The model is applied to the state of Iowa.
KW - Conservation policy
KW - Environmental Lorenz Curve
KW - Multiple environmental benefits
KW - Targeting
UR - https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=8344289740&origin=inward
UR - https://www.scopus.com/inward/citedby.uri?partnerID=HzOxMe3b&scp=8344289740&origin=inward
U2 - 10.1017/S1068280500005700
DO - 10.1017/S1068280500005700
M3 - Article
SN - 1068-2805
VL - 33
SP - 148
EP - 158
JO - Agricultural and Resource Economics Review
JF - Agricultural and Resource Economics Review
IS - 1
ER -