The Effects on Production and Profits of Different Pollution Control Standards

Five different specifications of a pollution control restriction are analyzed for their comparative effects on input use, output, and profits. Because of the different effects, interest groups are likely to pressure politicians for their preferred outcomes. The politically optimal regulatory instrument may then not correspond to the efficient instrument.


Issue Date:
Jul 30 1989
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/270506
Language:
English
Total Pages:
16




 Record created 2018-04-03, last modified 2020-10-28

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