Optimal pollution in the presence of adjustment cases
Journal Article
·
· J. Environ. Econ. Manage.; (United States)
Firms may be subject to adjustment costs as well as conventional capital costs as the firms expand plant capacity and increase output of pollution discharges. A model is developed to determine the minimum abatement and environmental damage costs for industries discharging persitent pollutants. The model is an extension of the Harford abatement cost model and considers stock-flow pollution relationships. Tax rates on polluting discharges are examined. 2 references.
- Research Organization:
- Univ of Newcastle upon Tyne, UK
- OSTI ID:
- 5266249
- Journal Information:
- J. Environ. Econ. Manage.; (United States), Journal Name: J. Environ. Econ. Manage.; (United States) Vol. 6:1; ISSN JEEMD
- Country of Publication:
- United States
- Language:
- English
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