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Tollison costs and technological innovation: The case of environmental regulation

✍ Scribed by Alden F. Abbott; Gordon L. Brady


Publisher
Springer US
Year
1990
Tongue
English
Weight
477 KB
Volume
65
Category
Article
ISSN
0048-5829

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Environmental expenditure estimates resulting from US environmental policy are based on current technology which may overstate policy's true costs. Existing evidence shows that ex ante cost estimates are greater than realized costs due to unexpected technological progress. This research programme as