Regulations (such as pollution standards) are frequently expressed as a uniform ratio between a target variable and a base variable. The efficient form of such regulations is firm-specific. When firms are very different in size, large firms typically should face a relatively more stringent constraint, but this ranking may easily reverse when firms are more similar. Efficiency costs of uniform ratio standards are calculated. Copyright 2001 by Kluwer Academic Publishers
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 19 (2001) Issue (Month): 3 (July) Pages: 295-305 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF