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.
| Original language | English |
|---|---|
| Journal | Environmental and Resource Economics |
| Volume | 58 |
| Issue number | 1 |
| Pages (from-to) | 109-125 |
| Number of pages | 17 |
| ISSN | 0924-6460 |
| DOIs | |
| Publication status | Published - May 2014 |