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Production and the Environment

In: Handbook of Production Economics

Author

Listed:
  • Moriah Bostian

    (Lewis & Clark College
    Umeå University)

  • Tommy Lundgren

    (Umeå University)

Abstract

Production theory offers a mathematical framework for modeling important relationships between production activities and the environment. These include the generation and valuation of production-related environmental effects, environmental contributions to production processes, and production effects of environmental management practices. In this chapter, we review the seminal and recent empirical work in each of these areas. We anchor our review to multi-input/multi-output production processes, as these make up a large share of environmental applications in the field, and their associated models offer the practitioner considerable flexibility in terms of specification and estimation.

Suggested Citation

  • Moriah Bostian & Tommy Lundgren, 2022. "Production and the Environment," Springer Books, in: Subhash C. Ray & Robert G. Chambers & Subal C. Kumbhakar (ed.), Handbook of Production Economics, chapter 38, pages 1463-1489, Springer.
  • Handle: RePEc:spr:sprchp:978-981-10-3455-8_38
    DOI: 10.1007/978-981-10-3455-8_38
    as

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