Emission Standards and Stochastic Waste Load
AbstractEmpirical work regarding the impact of environmental regulations on firm behavior has been developed under the assumption that emissions of pollutants are deterministic. The implication is that the regulation is effective only when the constraint is exactly satisfied. In real life, however, it is seldom the case that emission constraints are exactly satisfied. The purpose of this paper is to find out whether regulation schemes are ineffective, or whether the structure is an optimal reaction to random fluctuations in emissions. The Swedish pulp and paper industry is used as an empirical illustration.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. 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.
Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 72 (1996)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://le.uwpress.org/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Shimshack, Jay P. & Ward, Michael B., 2008.
"Enforcement and over-compliance,"
Journal of Environmental Economics and Management,
Elsevier, vol. 55(1), pages 90-105, January.
- Jay P. Shimshack & Michael B. Ward, 2007. "Enforcement and Over-Compliance," Discussion Papers Series, Department of Economics, Tufts University 0706, Department of Economics, Tufts University.
- Shimshack, Jay P. & Ward, Michael B., 2007. "Enforcement and over-compliance," MPRA Paper 25993, University Library of Munich, Germany.
- Earnhart, Dietrich, 2007. "Effects of permitted effluent limits on environmental compliance levels," Ecological Economics, Elsevier, vol. 61(1), pages 178-193, February.
- Bengt Kristrom & Tommy Lundgren, 2003. "Abatement investments and green goodwill," Applied Economics, Taylor & Francis Journals, vol. 35(18), pages 1915-1921.
- Holstein, Fredrik & Gren, Ing-Marie, 2013. "Violation of environmental regulations in Sweden: Economic motives, environmental attitudes, and social capital," Working Paper Series 2013:3, Department Economics, Swedish University of Agricultural Sciences.
- Mickwitz, Per, 2003. "Is it as bad as it sounds or as good as it looks? Experiences of Finnish water discharge limits," Ecological Economics, Elsevier, vol. 45(2), pages 237-254, June.
- Tommy Lundgren, 2003. "A Real Options Approach to Abatement Investments and Green Goodwill," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 25(1), pages 17-31, May.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.