The Impact of Environmental Regulations on the Industry Structure of Landfills
In: Growth and change: a journal of urban and regional policy, Band 36, Heft 4, S. 529-550
ISSN: 1468-2257
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In: Growth and change: a journal of urban and regional policy, Band 36, Heft 4, S. 529-550
ISSN: 1468-2257
In: Contemporary economic policy: a journal of Western Economic Association International, Band 23, Heft 3, S. 324-340
ISSN: 1465-7287
The market‐based instruments embodied in the Acid Rain Program have been instrumental in the reduction of SO2 and NOx emissions from electric utilities. Economic theory suggests that tradable pollution permit systems encourage polluters to reallocate pollution burdens to take advantage of any differences in marginal abatement costs. Such reallocations improve the efficiency of pollution reduction. This article evaluates the effectiveness of the first phase of the Acid Rain Program in achieving increased homogeneity of marginal abatement costs using an output distance function approach. The results indicate that plants have been successful in adapting to this more flexible regulatory framework.
In: The Rand journal of economics, Band 25, Heft 2, S. 284
ISSN: 1756-2171
In: Information economics and policy, Band 7, Heft 1, S. 57-73
ISSN: 0167-6245