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000010666 037__ $$a1318-2016-103374
000010666 041__ $$aen
000010666 084__ $$aL51
000010666 084__ $$aQ28
000010666 084__ $$aL63
000010666 084__ $$aK32
000010666 245__ $$aIntel's XL Permit: A Framework for Evaluation
000010666 260__ $$c1998
000010666 269__ $$a1998
000010666 300__ $$a54
000010666 336__ $$aWorking or Discussion Paper
000010666 446__ $$aEnglish
000010666 490__ $$aDiscussion Paper 98-11
000010666 520__ $$aThe paper develops a framework to evaluate permits granted to firms under the Environmental Protection Agency's Project XL -- with emphasis on the novel air permit granted to the Intel Corporation. We describe the permit, the process that created it, and the types of costs and benefits likely to arise from this type of "facility-specific" regulatory arrangement. Among other things, the paper describes the permit's impact on environmental quality, production costs, transaction costs, and Intel's strategic market position. The paper also considers how an estimate of the costs and benefits -- both to Intel and society -- might be estimated. While facility-specific regulation typically conjures images of production cost savings as processes are re-engineered and low-cost abatement strategies pursued, the Intel case highlights perhaps a more important source of benefit: flexibility in the form of streamlined permitting. Flexibility in this form allows for accelerated product introductions, with potentially significant benefits to the firm and possibly to society.
000010666 650__ $$aResearch and Development/Tech Change/Emerging Technologies
000010666 6531_ $$aProject XL
000010666 6531_ $$atailored regulation
000010666 6531_ $$aenvironmental regulation
000010666 6531_ $$acost-benefit analysis
000010666 700__ $$aBoyd, James
000010666 700__ $$aKrupnick, Alan J.
000010666 700__ $$aMazurek, Janice V.
000010666 8564_ $$s183739$$uhttp://ageconsearch.umn.edu/record/10666/files/dp980011.pdf
000010666 887__ $$ahttp://purl.umn.edu/10666
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  Previous issue date: 1998
000010666 982__ $$gResources for the Future>Discussion Papers
000010666 980__ $$a1318