Pollution Reduction: A Pedagogic Note.
This paper presents a new graphical analysis of how a profit-maximizing firm will respond when required to control pollution. The focus is on graphical presentations which attempt to integrate the two pollution reduction responses open to the firm: output reduction and use of abatement technology. The authors argue that existing approaches are deficient, failing to accurately illustrate the firm's optimal pollution reduction response. An alternative graphical presentation, using families of iso profit, iso pollution, and iso tax expenditure curves is developed which successfully illustrates the optimal response. Copyright 1996 by The Economic Society of Australia.
Year of publication: |
1996
|
---|---|
Authors: | Tisato, Peter ; Porter, Nathan |
Published in: |
The Economic Record. - Economic Society of Australia - ESA, ISSN 1475-4932. - Vol. 72.1996, 219, p. 341-44
|
Publisher: |
Economic Society of Australia - ESA |
Saved in:
Saved in favorites
Similar items by person
-
Pollution reduction : a pedagogic note
Tisato, Peter, (1996)
-
Pollution control and cost minimising firm responses
Tisato, Peter, (1996)
-
Pollution Control and Cost Minimising Firm Responses
Tisato, Peter, (1996)
- More ...