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UNCERTAINTY AND THE REGULATION OF NITRATE POLLUTION FROM AGRICULTURE

By Nii Adote Abrahams and James S. Shortle

Abstract

A simulation of U.S. corn production compares four environmental policies for controlling agricultural nitrate pollution. Public uncertainty about key economic parameters are considered. Results indicate that policy choice is sensitive to commodity programs and the public information structure. Agricultural research benefits are also sensitive to agricultural environmental policy choices.environmental policy, nonpoint pollution, uncertainty, value of information, Environmental Economics and Policy,

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