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

V. Kerry Smith, William J. Vaughan

Research output: Contribution to journalArticle

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 languageEnglish (US)
Pages (from-to)39-54
Number of pages16
JournalResources and Energy
Volume3
Issue number1
DOIs
StatePublished - Mar 1981

ASJC Scopus subject areas

  • Environmental Science(all)
  • Earth and Planetary Sciences(all)

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