Potential gains from trading bad outputs: The case of U.S. electric power plants

Citeable URL: https://ir.library.oregonstate.edu/concern/articles/9880vs62r

Descriptions

Attribute Name	Values
Creator	Färe, Rolf Grosskopf, Shawna Pasurka, Carl A.
Abstract	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 is done for each of the three undesirable outputs and combinations of them. We apply our model to a dataset of 80 coal-fired electric power plants from 1995 to 2005. From this we can identify the potential gains from trading the most common undesirable outputs produced by coal-fired electric power plants. Keywords: Joint production, Weak disposability, Tradable permits
Resource Type	Article
DOI	https://doi.org/10.1016/j.reseneeco.2013.11.004
Date Available	2014-03-27T21:30:28+00:00
Date Issued	2014-01
Citation	Färe, R., Grosskopf, S., & Pasurka Jr, C. A. (2013). Potential gains from trading bad outputs: The case of US electric power plants. Resource and Energy Economics, 36(1), 99-112. doi:10.1016/j.reseneeco.2013.11.004
Journal Title	Resource and Energy Economics
Journal Volume	36
Journal Issue/Number	1
Rights Statement	Copyright Not Evaluated
Publisher	Elsevier
Peer Reviewed	Yes
Language	English [eng]
Replaces	http://hdl.handle.net/1957/46919