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Methods for measuring the economic impact of ambient pollutants on the agricultural sector: discussion

Conference · · Am. J. Agric. Econ.; (United States)
OSTI ID:6427907
The author faults three papers showing alternative methods of measuring the impacts of ozone on crop yields (which progress from experimental test plot to farm-level profits to aggregate welfare implications) for not informing the reader on the importance of the problem. In analyzing the results of four models, he concludes that we have discovered that tropospheric ozone tends to reduce soybean yields more than corn yields, and that the welfare gains from reducing the ozone concentration 25% in the Corn Belt is only about $650 million, or less than 4% of total net farm income for the US. What the papers fail to tell is the total cost to society of reducing the concentrations of ozone and the overall benefit cost ratio. 3 references.
Research Organization:
Texas A and M Univ., College Station
OSTI ID:
6427907
Conference Information:
Journal Name: Am. J. Agric. Econ.; (United States) Journal Volume: 67:2
Country of Publication:
United States
Language:
English