Optimal Control of Nutrient Pollution in a Coastal Ecosystem: Agricultural Abatement versus Investment in Wastewater Treatment Capacity
| dc.creator | Laukkanen, Marita | |
| dc.creator | Huhtala, Anni | |
| dc.date | 2017-04-01T19:15:14Z | |
| dc.date.accessioned | 2026-07-09T03:47:14Z | |
| dc.description | We examine in a dynamic framework how public resources should be allocated to small-scale water protection efforts in agriculture or alternatively to investments in large-scale waste water treatment plants to control point source loads. The building of waste water treatment capacity is characterized by high set-up costs as compared to the operating costs. We determine the optimal timing of investment, the rate of nutrient load reduction from point versus non-point sources, and the optimal switching policies from control of non-point pollution only to control of both non-point and point sources. The results of the analytical model are illustrated with simulation of optimal abatement policies for the Finnish coastal waters in the Gulf of Finland. | |
| dc.identifier | doi:10.22004/ag.econ.24451 | |
| dc.identifier | https://ageconsearch.umn.edu/record/24451/files/cp05la03.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/24451 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/539872 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/24451 | |
| dc.title | Optimal Control of Nutrient Pollution in a Coastal Ecosystem: Agricultural Abatement versus Investment in Wastewater Treatment Capacity | |
| dc.type | Text |