Improving on the steady state in the state-dependent enforcement of pollution control
Article Abstract:
An improvement on the optimal state-dependent enforcement of pollution control model which reduces steady state expected annual social cost below the level achievable by a static enforcement approach is presented. By selecting a value for the initial proportions of firms in the two groups that is different from the long-run equilibrium values, the expected present value of social cost can be brought below the level attainable in a purely stationary model.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1993
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Stock pollution, child-bearing externalities, and the social discount rate
Article Abstract:
A multi-generational model has been designed to show Pareto efficiency is achieved when the present values of a child's and a child's descendants' future pollution taxes are added. The model is actually an extension of the Pigouvian taxation concept, except that a child-bearing tax policy is included. The approach can also be adopted in other applications, including waste treatment, economies of scale, and technological change.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1997
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Initial and continuing compliance and the trade-off between monitoring and control cost
Article Abstract:
Firm abatement costs and regulatory monitoring costs as presented ;by Amacher and Malik, are examined.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2000
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