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COST-EFFECTIVE POINT-NONPOINT TRADING: AN APPLICATION TO THE SUSQUEHANNA RIVER BASIN
Point-nonpoint trading has been suggested as a relatively efficient approach for reducing nutrient pollution in the Chesapeake Bay and elsewhere. However, relatively little economic research has examined the design of trading programs involving nonpoint sources. The purpose of this paper is to inves...
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Published in: | Journal of the American Water Resources Association 2002-04, Vol.38 (2), p.467-477 |
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Main Authors: | , , , |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | Point-nonpoint trading has been suggested as a relatively efficient approach for reducing nutrient pollution in the Chesapeake Bay and elsewhere. However, relatively little economic research has examined the design of trading programs involving nonpoint sources. The purpose of this paper is to investigate the economics of several fundamental design choices for point-nonpoint trading programs. The Susquehanna River Basin (SRB) in Pennsylvania is an example, although many of the insights should generally apply to other regions as well. |
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ISSN: | 1093-474X 1752-1688 |
DOI: | 10.1111/j.1752-1688.2002.tb04330.x |