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Differences in the Transaction Costs of Strategies to Control Agricultural Offsite and Undersite Damages

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Theory, Modeling and Experience in the Management of Nonpoint-Source Pollution

Part of the book series: Natural Resource Management and Policy ((NRMP,volume 1))

Abstract

Pollution of our water supplies by agricultural chemicals has been an area of growing concern since the second half of the 1980s when agricultural chemicals were found in many water samples from wells and springs across the United States. This was added to previous information that identified agricultural chemicals as an important source of surface water pollution. However, most efforts to alter agricultural chemical use have not been to prevent water pollution. Regulatory efforts have focused on preventing the hazardous health effects of pesticides during application and in keeping pesticide residues out of food.

Professor in the Department of Agricultural and Applied Economics at the University of Minnesota. I would like to thank Tom Legg, M.L. Livingston, Jay Leitch, Jared Creason, Jim Nickum, and Steve Taff for their helpful comments on an earlier draft. M.L. Livingston was particularly helpful in suggesting ways to organize the section on transaction costs.

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© 1993 Springer Science+Business Media New York

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Easter, K.W. (1993). Differences in the Transaction Costs of Strategies to Control Agricultural Offsite and Undersite Damages. In: Russell, C.S., Shogren, J.F. (eds) Theory, Modeling and Experience in the Management of Nonpoint-Source Pollution. Natural Resource Management and Policy, vol 1. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-3156-2_2

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  • DOI: https://doi.org/10.1007/978-1-4615-3156-2_2

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-6382-8

  • Online ISBN: 978-1-4615-3156-2

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