Morgenstern, Richard D.; Pizer, William A.; Shih, … - In: The Review of Economics and Statistics 83 (2001) 4, pp. 732-738
Reported expenditures for environmental protection are often cited as an assessment of the burden of current regulatory efforts. However, the potential for both incidental savings and uncounted costs means that the actual burden could be either higher or lower than these reported values.<BR> Using a...