Nutrient Trading in Lake Rotorua: Choosing the Scope of a Nutrient Trading System

39 Pages Posted: 16 Jul 2008

See all articles by Kelly Lock

Kelly Lock

Motu Economic and Public Policy Research Trust

Suzi Kerr

Motu Economic and Public Policy Research Trust

Date Written: April 2008

Abstract

A nutrient trading system is one mechanism that is currently being considered to control and reduce nutrient loss into Lake Rotorua. However this may not be the best mechanism for controlling nutrient loss from all sources. A more comprehensive system improves efficiency and decreases market power opportunities, but it can also bring increased compliance and administrative costs. This paper discusses which sources should be included in a nutrient trading system for Lake Rotorua. It examines existing systems and presents an empirical analysis to estimate the impact of including different nutrient sources.

Keywords: water quality, nutrients, trading, Lake Rotorua

JEL Classification: Q53, Q57, Q58

Suggested Citation

Lock, Kelly and Kerr, Suzi, Nutrient Trading in Lake Rotorua: Choosing the Scope of a Nutrient Trading System (April 2008). Available at SSRN: https://ssrn.com/abstract=1160088 or http://dx.doi.org/10.2139/ssrn.1160088

Kelly Lock (Contact Author)

Motu Economic and Public Policy Research Trust ( email )

Level 1, 93 Cuba Street
P.O. Box 24390
Wellington, 6142
New Zealand

Suzi Kerr

Motu Economic and Public Policy Research Trust ( email )

Level 1, 93 Cuba Street
P.O. Box 24390
Wellington, 6142
New Zealand
+64 4 383 4250 (Phone)
+64 4 383 4270 (Fax)

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