With the advent of tradable permit programs for bad outputs (e.g., SO₂ emissions); concerns arose over whether
the theoretical gains from trade would be realized. We will employ a methodology that calculates the potential
gains accruing to coal-fired electric power plants from implementing a tradable permit program. The magnitude
of...
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trade
Tradable permits and unrealized gains from trade
Färe, R., Grosskopf, S., & PasurkaJr, C. A
With the advent of tradable permit programs for bad outputs (e.g., SO₂ emissions); concerns arose over whether
the theoretical gains from trade would be realized. We will employ a methodology that calculates the potential
gains accruing to coal-fired electric power plants from implementing a tradable permit program. The magnitude
of...
In recent years, economists have started to move beyond calculating regulatory effects on a pollutant-by-pollutant basis since their interaction is important. In this study, we take up this issue. To allow for joint production of multiple pollutants and marketable output, we specify our technology using a directional distance function. This...
With the advent of tradable permit programs for bad outputs (e.g., SO₂ emissions); concerns arose over whether
the theoretical gains from trade would be realized. We will employ a methodology that calculates the potential
gains accruing to coal-fired electric power plants from implementing a tradable permit program. The magnitude
of...
With the advent of tradable permit programs for bad outputs (e.g., SO₂ emissions); concerns arose over whether the theoretical gains from trade would be realized. We will employ a methodology that calculates the potential gains accruing to coal-fired electric power plants from implementing a tradable permit program. The magnitude of...
Jointly with kilowatt-hours (kWh), electric power plants also produce CO₂, NO[subscript x], and SO₂. In this paper, we apply an environmental production model based on data envelopment analysis (DEA) to compare the production of kWh under command-and-control regulation of the undesirable byproduct with tradable permit regulation of the byproduct. This...
There is continuing interest in the trend of costs associated with pollution abatement activities. We specify an environmental production technology to model the joint production of good and bad outputs. The joint production model calculates pollution abatement costs and identifies changes in these costs associated with: (1) technical change, (2)...
Detailed analyses of snow crystal sequence and atmospheric
conditions were accomplished utilizing macrophotographic techniques
for obtaining the snow crystal record at Santiam Pass in the Oregon
Cascades on 19-20 January, 14-15 February, and 9-10 March, 1967.
The photographic equipment consisted of a 35 millimeter single lens
reflex camera, bellows, and...
We review nonparametric estimation of efficiency and productivity, by which we mainly mean activity analysis, or data envelopment analysis (DEA). The review covers topics that we hope will be of special interest to those doing research in the realm of agriculture. We also include a brief appendix addressing nonparametric estimation...