Abstract
Estimates marginal abatement cost functions for 56 utilities for 1973-79. Marginal costs vary substantially across firms due to differences in the price of low and high sulfur fuels and the intensity of regulation. The potential savings from a cost minimizing reallocation of abatement resources are estimated for five regions. Current expenditures are found to be 47% higher than cost minizing levels.-from Authors
Original language | English (US) |
---|---|
Pages (from-to) | 81-90 |
Number of pages | 10 |
Journal | Review of Economics & Statistics |
Volume | 67 |
Issue number | 1 |
DOIs | |
State | Published - 1985 |
All Science Journal Classification (ASJC) codes
- Social Sciences (miscellaneous)
- Economics and Econometrics