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The Social Costs of Electricity: Do the Numbers Add Up?

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  • Krupnick, Alan J.
  • Burtraw, Dallas

Abstract

Several recent studies have mounted major efforts to estimate the social cost of electricity generation. This paper provides an overview of this literature and a focused qualitative and quantitative comparison of the most comprehensive and rigorous of these studies. The paper also provides a synthesis that can help reduce the cost of future applications of these methods.

Suggested Citation

  • Krupnick, Alan J. & Burtraw, Dallas, 1996. "The Social Costs of Electricity: Do the Numbers Add Up?," Discussion Papers 10856, Resources for the Future.
    • Handle: RePEc:ags:rffdps:10856
    DOI: 10.22004/ag.econ.10856
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    File URL: https://ageconsearch.umn.edu/record/10856/files/dp960030.pdf
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    References listed on IDEAS

    as
    1. Krupnick, Alan J. & Harrington, Winston & Ostro, Bart, 1990. "Ambient ozone and acute health effects: Evidence from daily data," Journal of Environmental Economics and Management, Elsevier, vol. 18(1), pages 1-18, January.
    2. Yoshiaki Kaoru & V. Kerry Smith & Jin Long Liu, 1995. "Using Random Utility Models to Estimate the Recreational Value of Estuarine Resources," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(1), pages 141-151.
    3. Rowe, Robert D. & Lang, Carolyn M. & Chestnut, Lauraine G., 1996. "Critical factors in computing externalities for electricity resources," Resource and Energy Economics, Elsevier, vol. 18(4), pages 363-394, December.
    4. W. Kip Viscusi & Wesley A. Magat & Alan Carlin & Mark K. Dreyfus, 1994. "Environmentally Responsible Energy Pricing," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 23-42.
    5. Alan J. Krupnick & Anil Markandya & Eric Nickell, 1993. "The External Costs of Nuclear Power: Ex Ante Damages and Lay Risks," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(5), pages 1273-1279.
    6. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39, October.
    7. Darwin C. Hall, 1990. "Preliminary Estimates Of Cumulative Private And External Costs Of Energy," Contemporary Economic Policy, Western Economic Association International, vol. 8(3), pages 283-307, July.
    8. Joel R. Hamilton & M. Henry Robison & Norman K. Whittlesey & John Ellis, 1991. "Economic Impacts, Value Added, and Benefits in Regional Project Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 334-344.
    9. Jeffrey A. Dubin & Geoffrey S. Rothwell, 1990. "Subsidy To Nuclear Power Through Price‐Anderson Liability Limit," Contemporary Economic Policy, Western Economic Association International, vol. 8(3), pages 73-79, July.
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