Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5100427 | Journal of Environmental Economics and Management | 2017 | 35 Pages |
Abstract
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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Authors
Cloé Garnache, Pierre R. Mérel, Juhwan Lee, Johan Six,