The welfare effects of erosion controls, banning pesticides, and limiting fertilizer application in the Corn Belt
Taylor, C.; Frohberg, K.
American Journal of Agricultural Economics 59(1): 25-36
The partial welfare effects of alternative erosion control methods, banning insecticides, banning herbicides, and limiting nitrogen fertilizer in the Corn Belt are examined. The estimated welfare effects are partial since they reflect the change in consumers' plus producers' surplus arising from the production and consumption of corn, soybeans, wheat, oats, hay, and pasture but not the environmental benefits associated with pollution abatement or the administrative and enforcement cost of the policies. A large linear programming model of crop production in the Corn Belt was used to make the estimates.