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Persistent link: https://www.econbiz.de/10010193741
We use parametric and nonparametric methods to estimate correlations between average control cost and three field-level characteristics—field size and delivered phosphorous per field and per acre—as proxies for economies of scale in controlling nonpoint pollution. We combine load...
Persistent link: https://www.econbiz.de/10010911074
This paper provides examples of both parametric and non-parametric tests for economies of scale in the control of non-point pollution. Because field-level control costs and control effectiveness are uncertain from the regulator's perspective (due to the existence of asymmetric information), we...
Persistent link: https://www.econbiz.de/10005007507