Abstract
In many parts of Europe and North America, phosphorus loss from cultivated fields is threatening natural ecosystems. Though there are similarities to other non-point agricultural emissions like nitrogen that have been studied extensively, phosphorus is often characterized by the presence of large stocking capacities for phosphorus in farm soils and long time-lags between applications and emission. This makes it important to understand the dynamics of the phosphorus emission problem when designing regulatory systems. Using a model that reflects these dynamics, we evaluate alternative regulatory systems. Depending on the proportions of different types of farms in the agricultural sector, we find that an input-output tax system can be the core element of a close to efficient regulatory policy.
Originalsprog | Engelsk |
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Tidsskrift | Environmental and Resource Economics |
Vol/bind | 58 |
Udgave nummer | 1 |
Sider (fra-til) | 109-125 |
Antal sider | 17 |
ISSN | 0924-6460 |
DOI | |
Status | Udgivet - maj 2014 |