Strategic details and process analysis model for environmental management. An econometric analysis

V. Kerry Smith; William J. Vaughan

doi:10.1016/0165-0572(81)90009-8

Strategic details and process analysis model for environmental management. An econometric analysis

V. Kerry Smith, William J. Vaughan

Research output: Contribution to journal › Article › peer-review

Abstract

This paper develops a methodology for isolating the important features of large scale, process analysis models for production activities. These models were designed to estimate the economic costs of environmental regulations. Econometric estimates of neoclassical cost functions based on repeated solutions to nine such models were used to discriminate each process model's inherent features. The findings include sensitivity analyses of the effects of the specification of the cost functions and of the experimental design used to derive the solutions.

Original language	English (US)
Pages (from-to)	39-54
Number of pages	16
Journal	Resources and Energy
Volume	3
Issue number	1
DOIs	https://doi.org/10.1016/0165-0572(81)90009-8
State	Published - Mar 1981
Externally published	Yes

ASJC Scopus subject areas

General Environmental Science
General Earth and Planetary Sciences

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10.1016/0165-0572(81)90009-8

Cite this

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title = "Strategic details and process analysis model for environmental management. An econometric analysis",

abstract = "This paper develops a methodology for isolating the important features of large scale, process analysis models for production activities. These models were designed to estimate the economic costs of environmental regulations. Econometric estimates of neoclassical cost functions based on repeated solutions to nine such models were used to discriminate each process model's inherent features. The findings include sensitivity analyses of the effects of the specification of the cost functions and of the experimental design used to derive the solutions.",

author = "Smith, {V. Kerry} and Vaughan, {William J.}",

note = "Funding Information: *This research was partially supported as part of the Environmental Protection Agency{\textquoteright}s RREQMM Project at Resources for the Future. In addition, Smith{\textquoteright}s research was partially supported under a contract from the Directorate of Applied Research of the National Science Foundation. Thanks are due Allen Basala, Richard Day, Jan Kmenta, Clifford Russell, the participants in the joint UNC-Research Triangle Institute{\textquoteright}s Econometrics Seminar for helpful comments on earlier drafts of this paper. In addition, thanks are due Mary Kokoski and Glenn Weinberg for most capable research assistance.",

year = "1981",

month = mar,

doi = "10.1016/0165-0572(81)90009-8",

language = "English (US)",

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AU - Smith, V. Kerry

AU - Vaughan, William J.

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N2 - This paper develops a methodology for isolating the important features of large scale, process analysis models for production activities. These models were designed to estimate the economic costs of environmental regulations. Econometric estimates of neoclassical cost functions based on repeated solutions to nine such models were used to discriminate each process model's inherent features. The findings include sensitivity analyses of the effects of the specification of the cost functions and of the experimental design used to derive the solutions.

AB - This paper develops a methodology for isolating the important features of large scale, process analysis models for production activities. These models were designed to estimate the economic costs of environmental regulations. Econometric estimates of neoclassical cost functions based on repeated solutions to nine such models were used to discriminate each process model's inherent features. The findings include sensitivity analyses of the effects of the specification of the cost functions and of the experimental design used to derive the solutions.

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Strategic details and process analysis model for environmental management. An econometric analysis

Abstract

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