Efficiency and environmental regulation : a 'complex situation'
Picazo Tadeo, Andrés José
Prior Jiménez, Diego (Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa)
Universitat Autònoma de Barcelona. Departament d'Empresa

Date:	2005
Abstract:	Production of desirable outputs is often accompanied by undesirable by products that have damaging effects on the environment, and whose disposal is frequently regulated by public authorities. In this paper, we compute directional technology distance functions under particular assumptions concerning disposability of bads in order to test for the existence of what we call 'complex situations', where the biggest producer is not the greatest polluter. Furthermore, we show that how in such situations, environmental regulation could achieve an effective reduction in the aggregate level of bad outputs without reducing the production of good outputs. Finally, we illustrate our methodology with an empirical application to a sample of Spanish tile ceramic producers.
Rights:	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades.
Language:	Anglès
Series:	Departament d'Economia de l'Empresa. Documents de treball
Series:	Document de treball (Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa) ; 05/02
Document:	Working paper
Subject:	Eficiència

28 p, 115.2 KB

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Research literature > Working papers > Department of Business. Working papers
Research literature > Studies