1. Environmental Regulation and Innovation Offsets in the Bluegrass Seed Industry.
- Author
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Benson, Aaron G. and Shumway, C. Richard
- Subjects
SEED industry ,BLUEGRASSES (Plants) ,CROPS ,INDUSTRIAL costs ,ENVIRONMENTAL regulations - Abstract
Burning bluegrass seed stubble is an important production practice that, among other benefits, increases production and stand life of this perennial crop. Despite economic forecasts that higher production costs from the 1996 state ban on seed stubble burning would reduce Washington production by up to 30%, output in the years 1998โ2005 was nearly two-thirds higher than in any previous eight-year period. This study seeks to explain why that paradoxical behavior occurred. This study puts forward and systematically tests several hypotheses. The only hypothesis with any support, innovation offsets, is examined by an assessment of contemporaneous innovations and by corroborative statistical evidence. [ABSTRACT FROM AUTHOR]
- Published
- 2009
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