The social costs of second-best policies: Evidence from agricultural GHG mitigation

© 2016 Elsevier Inc. This paper investigates the social costs of second-best agricultural greenhouse gas (GHG) mitigation policies. Adjustments along the land use and input intensity margins are represented within a regionalized optimization model of California crop production calibrated to economic...

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Main Authors: Garnache, C., Mérel, P., Lee, Juhwan, Six, J.
Format: Journal Article
Published: 2017
Online Access:http://hdl.handle.net/20.500.11937/75590
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author Garnache, C.
Mérel, P.
Lee, Juhwan
Six, J.
author_facet Garnache, C.
Mérel, P.
Lee, Juhwan
Six, J.
author_sort Garnache, C.
building Curtin Institutional Repository
collection Online Access
description © 2016 Elsevier Inc. This paper investigates the social costs of second-best agricultural greenhouse gas (GHG) mitigation policies. Adjustments along the land use and input intensity margins are represented within a regionalized optimization model of California crop production calibrated to economic and agronomic information. Second-best policies relying on spatially aggregated GHG emission factors lead to small abatement efficiency losses, while policies targeting a single GHG lead to moderate losses. In contrast, policies targeting a single input entail large abatement efficiency losses, which nonetheless can be reduced by combining instruments.
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institution Curtin University Malaysia
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spelling curtin-20.500.11937-755902019-05-29T07:44:57Z The social costs of second-best policies: Evidence from agricultural GHG mitigation Garnache, C. Mérel, P. Lee, Juhwan Six, J. © 2016 Elsevier Inc. This paper investigates the social costs of second-best agricultural greenhouse gas (GHG) mitigation policies. Adjustments along the land use and input intensity margins are represented within a regionalized optimization model of California crop production calibrated to economic and agronomic information. Second-best policies relying on spatially aggregated GHG emission factors lead to small abatement efficiency losses, while policies targeting a single GHG lead to moderate losses. In contrast, policies targeting a single input entail large abatement efficiency losses, which nonetheless can be reduced by combining instruments. 2017 Journal Article http://hdl.handle.net/20.500.11937/75590 10.1016/j.jeem.2016.10.004 restricted
spellingShingle Garnache, C.
Mérel, P.
Lee, Juhwan
Six, J.
The social costs of second-best policies: Evidence from agricultural GHG mitigation
title The social costs of second-best policies: Evidence from agricultural GHG mitigation
title_full The social costs of second-best policies: Evidence from agricultural GHG mitigation
title_fullStr The social costs of second-best policies: Evidence from agricultural GHG mitigation
title_full_unstemmed The social costs of second-best policies: Evidence from agricultural GHG mitigation
title_short The social costs of second-best policies: Evidence from agricultural GHG mitigation
title_sort social costs of second-best policies: evidence from agricultural ghg mitigation
url http://hdl.handle.net/20.500.11937/75590