Integrated regulation of nonpoint pollution: Combining managerial controls and economic instruments under multiple environmental targets

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Aftab, Ashar, Hanley, Nick and Baiocchi, Giovanni (2010) Integrated regulation of nonpoint pollution: Combining managerial controls and economic instruments under multiple environmental targets. Ecological Economics, 70 (1). pp. 24-33. ISSN 1873-6106

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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.

Item Type:	Article
Uncontrolled Keywords:	diffuse water pollution environmental regulation minimum river flow mixed instruments nonpoint poll
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
Related URLs:	http://ideas.repec.org/a/eee/ecolec/v70y...
Depositing User:	Giovanni Baiocchi
Date Deposited:	18 Apr 2011 09:06
Last Modified:	23 Oct 2022 01:10
URI:	https://ueaeprints.uea.ac.uk/id/eprint/29506
DOI:

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