IDEAS home Printed from https://ideas.repec.org/a/bla/ajarec/v18y1974i1p1-21.html
   My bibliography  Save this article

Pollution And Resource Allocation

Author

Listed:
  • Anthony H. Chisholm
  • Cliff Walsh
  • Geoffrey Brennan

Abstract

Our economic perspective of the pollution problem characterizes that problem as involving a conflict between the consumption of two broad classes of goods--physical (or produced) commodities and the direct consumption of 'clean environment'. After considering the relative merits of market and political decision-making processes used to achieve appropriate social choices between the consumption of physical goods and 'clean environment', we focus on the alternative policy options for pollution control. The main conclusion we reach is that, in general, fiscal instruments (taxes and subsidies) are a more efficient means of controlling pollution than the widespread use of regulations or other legal instruments.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Anthony H. Chisholm & Cliff Walsh & Geoffrey Brennan, 1974. "Pollution And Resource Allocation," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 18(1), pages 1-21, April.
    • Handle: RePEc:bla:ajarec:v:18:y:1974:i:1:p:1-21
    DOI: j.1467-8489.1974.tb00124.x
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/j.1467-8489.1974.tb00124.x
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/j.1467-8489.1974.tb00124.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. Ayres, Robert U & Kneese, Allen V, 1969. "Production , Consumption, and Externalities," American Economic Review, American Economic Association, vol. 59(3), pages 282-297, June.
    3. Parish, Ross M, 1972. "Economic Aspects of Pollution Control," Australian Economic Papers, Wiley Blackwell, vol. 11(18), pages 32-43, June.
    4. J. Rothenberg, 1970. "The Economics of Congestion and Pollution: An Integrated View," Working papers 49, Massachusetts Institute of Technology (MIT), Department of Economics.
    5. Vernon W. Ruttan, 1971. "Technology and the Environment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(5), pages 707-717.
    6. Gordon Tullock, 1959. "Problems of Majority Voting," Journal of Political Economy, University of Chicago Press, vol. 67, pages 571-571.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ian D. Hodge, 1982. "Rights To Cleared Land And The Control Of Dryland‐Seepage Salinity," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 26(3), pages 185-201, December.
    2. Wills, Ian R., 1987. "Resource Degradation On Agricultural Land: Information Problems, Market Failures And Government Intervention," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(1), pages 1-11, April.
    3. Longworth, John W. & Rudd, Don, 1975. "Plant Pesticide Economics With Special Reference To Cotton Insecticides," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 19(3), pages 1-18, December.
    4. Stent, W.R., 1976. "Critique Of The Methodology Of Australian Agricultural Economics," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(1), pages 1-18, April.
    5. Richardson, Robert A., 1975. "Pollution And Resource Allocation: Comment," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 19(2), pages 1-3, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Persson, Torsten & Tabellini, Guido, 2002. "Political economics and public finance," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 24, pages 1549-1659, Elsevier.
    2. Roger Congleton, 2014. "The contractarian constitutional political economy of James Buchanan," Constitutional Political Economy, Springer, vol. 25(1), pages 39-67, March.
    3. Vernon W. Ruttan, 1971. "Technology and the Environment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(5), pages 707-717.
    4. Alex Robson, 2014. "Transaction costs can encourage Coasean bargaining," Public Choice, Springer, vol. 160(3), pages 539-549, September.
    5. Paul L. Joskow & Roger G. Noll, 1981. "Regulation in Theory and Practice: An Overview," NBER Chapters, in: Studies in Public Regulation, pages 1-78, National Bureau of Economic Research, Inc.
    6. Helfand, Gloria E. & Berck, Peter & Maull, Tim, 2003. "The theory of pollution policy," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 6, pages 249-303, Elsevier.
    7. Levallois, Clément, 2010. "Can de-growth be considered a policy option? A historical note on Nicholas Georgescu-Roegen and the Club of Rome," Ecological Economics, Elsevier, vol. 69(11), pages 2271-2278, September.
    8. Ryan C. Amacher & Robert D. Tollison & Thomas D. Willett, 1975. "A Budget Size in a Democracy: A Review of the Arguments," Public Finance Review, , vol. 3(2), pages 99-122, April.
    9. Paul Pecorino, 2018. "Supermajority rule, the law of 1/n, and government spending: a synthesis," Public Choice, Springer, vol. 175(1), pages 19-36, April.
    10. Ivan Montiel & Alvaro Cuervo-Cazurra & Junghoon Park & Raquel Antolín-López & Bryan W. Husted, 2021. "Implementing the United Nations’ Sustainable Development Goals in international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(5), pages 999-1030, July.
    11. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    12. Glenn Furton & Adam Martin, 2019. "Beyond market failure and government failure," Public Choice, Springer, vol. 178(1), pages 197-216, January.
    13. Costanza, Robert & Stern, David & Fisher, Brendan & He, Lining & Ma, Chunbo, 2004. "Influential publications in ecological economics: a citation analysis," Ecological Economics, Elsevier, vol. 50(3-4), pages 261-292, October.
    14. Nijkamp, Peter & van den Bergh, Jeroen C. J. M., 1997. "New advances in economic modelling and evaluation of environmental issues," European Journal of Operational Research, Elsevier, vol. 99(1), pages 180-196, May.
    15. Gonzales, Ernesto R., 2005. "Asian perspective Philippine experience: piloting a unified model of sustainability, CNE equation (cultural, natural and economic capitalization) in Pateros, Metro-Manila and its implication to nation," LSE Research Online Documents on Economics 25203, London School of Economics and Political Science, LSE Library.
    16. Germà Bel & Ringa Raudla & Miguel Rodrigues & António F. Tavares, 2018. "These rules are made for spending: testing and extending the law of 1/n," Public Choice, Springer, vol. 174(1), pages 41-60, January.
    17. Fisher, Anthony C & Peterson, Frederick M, 1976. "The Environment in Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 14(1), pages 1-33, March.
    18. Terry A. Ferrar & Peter Sassone, 1975. "The Political Economy of Effluent Charges," Eastern Economic Journal, Eastern Economic Association, vol. 2(3), pages 266-273, July.
    19. Laffont, Jean-Jacques, 1975. "Note historique sur les effets externes," L'Actualité Economique, Société Canadienne de Science Economique, vol. 51(3), pages 420-433, juillet.
    20. Peter Kurrild-Klitgaard & Urs Steiner Brandt, 2021. "The calculus of democratic deliberation," Constitutional Political Economy, Springer, vol. 32(2), pages 165-186, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ajarec:v:18:y:1974:i:1:p:1-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.