This contribution belongs to a category of papers that attempts to determine the effects of environmental regulation on the growth of an individual firm. It extends the existing literature in at least two ways. First, our pollution function explicitly deals with the fact that it is more difficult to
โฆ LIBER โฆ
Ceremonial dimensions of market-based pollution control instruments: the clean air act and the cap-and-trade model
โ Scribed by Steven R Bolduc
- Publisher
- Elsevier Science
- Year
- 2004
- Tongue
- English
- Weight
- 186 KB
- Volume
- 12
- Category
- Article
- ISSN
- 0957-1787
No coin nor oath required. For personal study only.
โฆ Synopsis
Market-based pollution control instruments represent the influence of a commitment to the principle of laissez faire economics and the success of orthodox economics to steer public policy formation. The criteria for design and assessment of policy interventions, however, should not be influenced by a prior commitment to a problem-solving strategy. Rather, the inquiry guiding policy design and assessment should be guided by the recognition of social, ecological, and technological interdependence and by the discovery of evaluative criteria consistent with this interdependence.
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