ALTERNATIVE GREEN PAYMENT POLICIES UNDER HETEROGENEITY WHEN MULTIPLE BENEFITS MATTER

We investigate the environmental impacts of several forms of policies that offer farmers subsides in return for adoption of conservation tillage. The policies differ on whether the tillage practice or one of the environmental benefits is targeted. We develop an environmental Lorenz curve that fully represents the performance of the targeting policies, and we show that these curves can be used directly to help select the optimal targeting strategy for special classes of social welfare functions. We apply the model to the state of Iowa.


Issue Date:
2003
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/18383
Total Pages:
15
Series Statement:
CARD Working Paper 03-WP 341




 Record created 2017-04-01, last modified 2017-08-24

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