Dr Ashar Aftab ashar.aftab@durham.ac.uk
Associate Professor
Integrated Regulation of Nonpoint Pollution: Combining Managerial Controls and Economic Instruments under Multiple Targets
Aftab, A.; Hanley, N.; Baiocchi, G.
Authors
N. Hanley
G. Baiocchi
Abstract
Regulators are often reluctant to rely solely on economic incentives to achieve environmental standards. We evaluate a “mixed approach” of economic instruments and management standards when two environmental objectives need to be met simultaneously: minimum river flow rates and reductions in nitrate pollution. We show how the relative efficiency of such mixed approaches can depend on exogenous factors, in this case weather conditions. Results indicate that mixed instruments outperform stand alone economic incentives or managerial controls under wet weather conditions, but not in ‘average’ years. However, the relative cost-effectiveness of mixed approaches increases considerably at higher levels of environmental standard compliance.
Citation
Aftab, A., Hanley, N., & Baiocchi, G. (2010). Integrated Regulation of Nonpoint Pollution: Combining Managerial Controls and Economic Instruments under Multiple Targets. Ecological Economics, 70(1), 24-33. https://doi.org/10.1016/j.ecolecon.2010.03.020
Journal Article Type | Article |
---|---|
Publication Date | Nov 1, 2010 |
Deposit Date | Oct 27, 2010 |
Journal | Ecological Economics |
Print ISSN | 0921-8009 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 70 |
Issue | 1 |
Pages | 24-33 |
DOI | https://doi.org/10.1016/j.ecolecon.2010.03.020 |
Keywords | Diffuse water pollution, Environmental regulation, Minimum river flow, Mixed instruments, Nonpoint pollution. |
Public URL | https://durham-repository.worktribe.com/output/1547543 |
You might also like
An empirical analysis of participation in international environmental agreements
(2023)
Journal Article
Farm Households’ Perception of Weather Change and Flood Adaptations in Northern Pakistan
(2021)
Journal Article
Economic Analysis of Policies to Regulate Agricultural Externalities from Malaysian Palm Oil Production.
(2016)
Preprint / Working Paper