Elofsson, Katarina
- Institutionen för ekonomi, Sveriges lantbruksuniversitet
Sammanfattning
Within the European Union, it is agreed that watershed-based management of water quality problems is more efficient than centralised arrangements. In this study, a mechanism for allocating international funds to watershed authorities for nitrogen abatement in the presence of moral hazard is investigated. The results show that when there is a risk of climate change, the cost of moral hazard to the international funding agency can be high if there is a moderate likelihood of climate change and the watershed authority is guaranteed a high minimum compensation.
Nyckelord
nitrogen; climate change; moral hazard; Baltic Sea; policy instruments
Publicerad i
European Review of Agricultural Economics
2014, volym: 41, nummer: 2, sidor: 327-351
SLU författare
Globala målen (SDG)
SDG6 Rent vatten och sanitet för alla
SDG13 Bekämpa klimatförändringarna
UKÄ forskningsämne
Nationalekonomi
Publikationens identifierare
- DOI: https://doi.org/10.1093/erae/jbt018
Permanent länk till denna sida (URI)
https://res.slu.se/id/publ/64989