The potential for nitrogen abatement trading in agriculture: a hypothetical market experiment

Research output: Contribution to journalJournal articlepeer-review

Standard

The potential for nitrogen abatement trading in agriculture : a hypothetical market experiment. / Hansen, Line Block; Termansen, Mette; Hasler, Berit.

In: Journal of Agricultural Economics, Vol. 70, No. 3, 2019, p. 812-839.

Research output: Contribution to journalJournal articlepeer-review

Harvard

Hansen, LB, Termansen, M & Hasler, B 2019, 'The potential for nitrogen abatement trading in agriculture: a hypothetical market experiment', Journal of Agricultural Economics, vol. 70, no. 3, pp. 812-839. https://doi.org/10.1111/1477-9552.12319

APA

Hansen, L. B., Termansen, M., & Hasler, B. (2019). The potential for nitrogen abatement trading in agriculture: a hypothetical market experiment. Journal of Agricultural Economics, 70(3), 812-839. https://doi.org/10.1111/1477-9552.12319

Vancouver

Hansen LB, Termansen M, Hasler B. The potential for nitrogen abatement trading in agriculture: a hypothetical market experiment. Journal of Agricultural Economics. 2019;70(3):812-839. https://doi.org/10.1111/1477-9552.12319

Author

Hansen, Line Block ; Termansen, Mette ; Hasler, Berit. / The potential for nitrogen abatement trading in agriculture : a hypothetical market experiment. In: Journal of Agricultural Economics. 2019 ; Vol. 70, No. 3. pp. 812-839.

Bibtex

@article{9efbc0b80a3c4153b0e9003188522016,
title = "The potential for nitrogen abatement trading in agriculture: a hypothetical market experiment",
abstract = "The effectiveness of nitrogen abatement trading as a policy measure relies on both heterogeneity in costs and environmental effectiveness across landscapes. Cost‐efficient implementation may therefore critically depend on spatial distributions of farm and farmer characteristics in water catchments. We use a spatially specific hypothetical market experiment to analyse the likelihood of farmers{\textquoteright} enrolment into nitrogen abatement trading contracts, and derive demand and supply functions for farmers{\textquoteright} nitrogen abatement. We find that farm characteristics influence both the decision whether to supply or purchase nitrogen abatement, as well as the amounts being traded. The derived demand and supply functions for farmers{\textquoteright} N abatement, using hypothetical market experiment data, can be used to reveal the variability in costs of abatement within a market. This provides valuable information to test potential trading schemes ex ante, to evaluate potential economic gains from policy implementation.",
author = "Hansen, {Line Block} and Mette Termansen and Berit Hasler",
year = "2019",
doi = "10.1111/1477-9552.12319",
language = "English",
volume = "70",
pages = "812--839",
journal = "Journal of Agricultural Economics",
issn = "0021-857X",
publisher = "Wiley-Blackwell",
number = "3",

}

RIS

TY - JOUR

T1 - The potential for nitrogen abatement trading in agriculture

T2 - a hypothetical market experiment

AU - Hansen, Line Block

AU - Termansen, Mette

AU - Hasler, Berit

PY - 2019

Y1 - 2019

N2 - The effectiveness of nitrogen abatement trading as a policy measure relies on both heterogeneity in costs and environmental effectiveness across landscapes. Cost‐efficient implementation may therefore critically depend on spatial distributions of farm and farmer characteristics in water catchments. We use a spatially specific hypothetical market experiment to analyse the likelihood of farmers’ enrolment into nitrogen abatement trading contracts, and derive demand and supply functions for farmers’ nitrogen abatement. We find that farm characteristics influence both the decision whether to supply or purchase nitrogen abatement, as well as the amounts being traded. The derived demand and supply functions for farmers’ N abatement, using hypothetical market experiment data, can be used to reveal the variability in costs of abatement within a market. This provides valuable information to test potential trading schemes ex ante, to evaluate potential economic gains from policy implementation.

AB - The effectiveness of nitrogen abatement trading as a policy measure relies on both heterogeneity in costs and environmental effectiveness across landscapes. Cost‐efficient implementation may therefore critically depend on spatial distributions of farm and farmer characteristics in water catchments. We use a spatially specific hypothetical market experiment to analyse the likelihood of farmers’ enrolment into nitrogen abatement trading contracts, and derive demand and supply functions for farmers’ nitrogen abatement. We find that farm characteristics influence both the decision whether to supply or purchase nitrogen abatement, as well as the amounts being traded. The derived demand and supply functions for farmers’ N abatement, using hypothetical market experiment data, can be used to reveal the variability in costs of abatement within a market. This provides valuable information to test potential trading schemes ex ante, to evaluate potential economic gains from policy implementation.

U2 - 10.1111/1477-9552.12319

DO - 10.1111/1477-9552.12319

M3 - Journal article

VL - 70

SP - 812

EP - 839

JO - Journal of Agricultural Economics

JF - Journal of Agricultural Economics

SN - 0021-857X

IS - 3

ER -

ID: 213873949