ISSN:
1573-1502
Keywords:
Agriculture
;
nonpoint source pollution
;
pesticide
;
fertilizer
;
computable general equilibrium model
;
chemical charges
;
tradeable input permits
;
command-and-control
;
chemical reduction costs
Source:
Springer Online Journal Archives 1860-2000
Topics:
Energy, Environment Protection, Nuclear Power Engineering
,
Economics
Notes:
Abstract This study uses a computable general equilibrium (CGE) model of the U.S. economy to estimate the economic effects of agricultural fertilizer and pesticide input reductions on individual farm sectors, and on the economy as a whole. The costs of reducing agricultural chemicals using a market-based approach and a command-and-control approach are compared. The real cost to society of restrictng fertilizer and pesticide use by 20-percent across all uses is estimated to be $2.3 billion. A market-based approach that would provide incentives to reduce chemical use in the most cost efficient manner would be about 10-percent less costly.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF00691909
