Cost-minimizing regulation of sulfur emissions: regional gains in electric power.

F. M. Gollop, Mark John Roberts

Research output: Contribution to journalArticle

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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 languageEnglish (US)
Pages (from-to)81-90
Number of pages10
JournalReview of Economics & Statistics
Volume67
Issue number1
DOIs
StatePublished - Jan 1 1985

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All Science Journal Classification (ASJC) codes

  • Social Sciences (miscellaneous)
  • Economics and Econometrics

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