scispace - formally typeset
Open AccessPosted Content

Standards versus standards: The effects of different pollution restrictions on the firm's dynamic investment policy

Peter M. Kort
- 01 Jan 1992 - 
Reads0
Chats0
About
This article is published in research memorandum.The article was published on 1992-01-01 and is currently open access. It has received 34 citations till now. The article focuses on the topics: Investment (macroeconomics) & Investment policy.

read more

Citations
More filters
Journal ArticleDOI

Voluntary Environmental Agreements: Good or Bad News for Environmental Protection?

TL;DR: In this article, the authors used a simple model to determine whether VAs are likely to lead to efficient environmental protection and found that the overall impact on environmental quality could be positive or negative, depending on the allocation of bargaining power, the magnitude of the background threat, and the social cost of funds.
Posted Content

Economic Implications of Using HACCP As a Food Safety Regulatory Standard (The)

TL;DR: In this article, the authors explored the controversies of mandated imposition of HACCP by examining the economic implications of using Hazard Analysis and Critical Control Point (HACCP) in food safety regulation and found that trade in food products is a larger source of supply in may countries as both technical and trade barriers to food trade are reduced.
Posted Content

The General Equilibrium Incidence of Environmental Mandates

TL;DR: In this paper, the authors consider non-revenue-increasing environmental mandates and find that the general equilibrium impacts on the wage, the return to capital, and relative output prices can be found.

Absolute vs. Intensity Limits for CO2 Emission Control: Performance Under Uncertainty

TL;DR: In this paper, the differences between absolute and intensity-based limits of CO2 emission when there is uncertainty about the future are elucidated, and the two limits are identical under certainty, and rigorously establish their relative attractiveness under two criteria: preservation of expectations and temporal stability.
Posted ContentDOI

HACCP in Pork Processing: Costs and Benefits

TL;DR: Jensen and Unnevehr as discussed by the authors explored the various trade-offs associated with multiple pathogen reduction targets and found that the costs of individual pathogen reductions range from $0.03 to $ 0.20 per carcass for hogs.
References
More filters
Journal ArticleDOI

Economic Prescriptions for Environmental Problems: How the Patient Followed the Doctor's Orders

TL;DR: In this article, a set of policies examined here involves two tools which have received widespread support from the economics community: marketable permits and emission charges (Pigou, 1932; Dales, 1968; Kneese and Schultze, 1975).
Journal ArticleDOI

Voluntary Environmental Agreements: Good or Bad News for Environmental Protection?

TL;DR: In this article, the authors used a simple model to determine whether VAs are likely to lead to efficient environmental protection and found that the overall impact on environmental quality could be positive or negative, depending on the allocation of bargaining power, the magnitude of the background threat, and the social cost of funds.
Journal ArticleDOI

The economic implications of using HACCP as a food safety regulatory standard

TL;DR: In this article, the authors discuss the nature and role of Hazard Analysis Critical Control Point (HACCP) as a food safety control system and its role as an element of public food safety regulation.
Posted Content

Erratum: Standards versus Standards: The Effects of Different Pollution Restrictions

TL;DR: In this article, the authors examined the effects of five different forms of pollution standards on input decisions, the level of production, and firm profits, and showed that the different standards, by providing firms with different incentives, change the firm's allocation decisions and affect the relative profitability of the standards.

Absolute vs. Intensity Limits for CO2 Emission Control: Performance Under Uncertainty

TL;DR: In this paper, the differences between absolute and intensity-based limits of CO2 emission when there is uncertainty about the future are elucidated, and the two limits are identical under certainty, and rigorously establish their relative attractiveness under two criteria: preservation of expectations and temporal stability.
Related Papers (5)