The Potential for Nitrogen Abatement Trading in Agriculture: A Hypothetical Market Experiment.

Saved in:
Bibliographic Details
Title: The Potential for Nitrogen Abatement Trading in Agriculture: A Hypothetical Market Experiment.
Authors: Hansen, Line B. (AUTHOR), Termansen, Mette (AUTHOR), Hasler, Berit (AUTHOR)
Source: Journal of Agricultural Economics. Sep2019, Vol. 70 Issue 3, p812-839. 28p.
Subjects: Supply & demand, Watersheds, Environmental economics, Demand function, Pollution control costs
Abstract: The effectiveness of nitrogen abatement trading as a policy measure relies on both heterogeneity in costs and environmental effectiveness across landscapes. Cost‐efficient implementation may therefore critically depend on spatial distributions of farm and farmer characteristics in water catchments. We use a spatially specific hypothetical market experiment to analyse the likelihood of farmers' enrolment into nitrogen abatement trading contracts, and derive demand and supply functions for farmers' nitrogen abatement. We find that farm characteristics influence both the decision whether to supply or purchase nitrogen abatement, as well as the amounts being traded. The derived demand and supply functions for farmers' N abatement, using hypothetical market experiment data, can be used to reveal the variability in costs of abatement within a market. This provides valuable information to test potential trading schemes ex ante, to evaluate potential economic gains from policy implementation. [ABSTRACT FROM AUTHOR]
Copyright of Journal of Agricultural Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Engineering Source
Full text is not displayed to guests.
FullText Links:
  – Type: pdflink
Text:
  Availability: 1
Header DbId: egs
DbLabel: Engineering Source
An: 137989003
AccessLevel: 6
PubType: Academic Journal
PubTypeId: academicJournal
PreciseRelevancyScore: 0
IllustrationInfo
Items – Name: Title
  Label: Title
  Group: Ti
  Data: The Potential for Nitrogen Abatement Trading in Agriculture: A Hypothetical Market Experiment.
– Name: Author
  Label: Authors
  Group: Au
  Data: <searchLink fieldCode="AR" term="%22Hansen%2C+Line+B%2E%22">Hansen, Line B.</searchLink> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Termansen%2C+Mette%22">Termansen, Mette</searchLink> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Hasler%2C+Berit%22">Hasler, Berit</searchLink> (AUTHOR)
– Name: TitleSource
  Label: Source
  Group: Src
  Data: <searchLink fieldCode="JN" term="%22Journal+of+Agricultural+Economics%22">Journal of Agricultural Economics</searchLink>. Sep2019, Vol. 70 Issue 3, p812-839. 28p.
– Name: Subject
  Label: Subjects
  Group: Su
  Data: <searchLink fieldCode="DE" term="%22Supply+%26+demand%22">Supply & demand</searchLink><br /><searchLink fieldCode="DE" term="%22Watersheds%22">Watersheds</searchLink><br /><searchLink fieldCode="DE" term="%22Environmental+economics%22">Environmental economics</searchLink><br /><searchLink fieldCode="DE" term="%22Demand+function%22">Demand function</searchLink><br /><searchLink fieldCode="DE" term="%22Pollution+control+costs%22">Pollution control costs</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: The effectiveness of nitrogen abatement trading as a policy measure relies on both heterogeneity in costs and environmental effectiveness across landscapes. Cost‐efficient implementation may therefore critically depend on spatial distributions of farm and farmer characteristics in water catchments. We use a spatially specific hypothetical market experiment to analyse the likelihood of farmers' enrolment into nitrogen abatement trading contracts, and derive demand and supply functions for farmers' nitrogen abatement. We find that farm characteristics influence both the decision whether to supply or purchase nitrogen abatement, as well as the amounts being traded. The derived demand and supply functions for farmers' N abatement, using hypothetical market experiment data, can be used to reveal the variability in costs of abatement within a market. This provides valuable information to test potential trading schemes ex ante, to evaluate potential economic gains from policy implementation. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Journal of Agricultural Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=egs&AN=137989003
RecordInfo BibRecord:
  BibEntity:
    Identifiers:
      – Type: doi
        Value: 10.1111/1477-9552.12319
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 28
        StartPage: 812
    Subjects:
      – SubjectFull: Supply & demand
        Type: general
      – SubjectFull: Watersheds
        Type: general
      – SubjectFull: Environmental economics
        Type: general
      – SubjectFull: Demand function
        Type: general
      – SubjectFull: Pollution control costs
        Type: general
    Titles:
      – TitleFull: The Potential for Nitrogen Abatement Trading in Agriculture: A Hypothetical Market Experiment.
        Type: main
  BibRelationships:
    HasContributorRelationships:
      – PersonEntity:
          Name:
            NameFull: Hansen, Line B.
      – PersonEntity:
          Name:
            NameFull: Termansen, Mette
      – PersonEntity:
          Name:
            NameFull: Hasler, Berit
    IsPartOfRelationships:
      – BibEntity:
          Dates:
            – D: 01
              M: 09
              Text: Sep2019
              Type: published
              Y: 2019
          Identifiers:
            – Type: issn-print
              Value: 0021857X
          Numbering:
            – Type: volume
              Value: 70
            – Type: issue
              Value: 3
          Titles:
            – TitleFull: Journal of Agricultural Economics
              Type: main
ResultId 1