On-Farm costs of reducing environmental degradation under risk
DOI:
https://doi.org/10.24201/ee.v9i2.279Keywords:
agriculture, enviromental regulations, pesticides, soil conservationAbstract
Farmers respond to environmental regulations by adjusting production practices so as to comply while minimizing their loss in expected income. Ultimately the cost of agro-environmental regulation is determined by farm-level adjustments. Our farm-level simulation framework assesses economic and environmental impacts of hypothetical pesticide restrictions in the context of continuing soil conservation efforts.