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 - 1981
Externally publishedYes

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Environmental management
Cost functions
Environmental regulations
Design of experiments
Specifications
Economics
Econometric analysis
Process analysis
Strategic analysis
Costs
Cost function

ASJC Scopus subject areas

  • Engineering(all)

Cite this

Strategic details and process analysis model for environmental management. An econometric analysis. / Smith, V. Kerry; Vaughan, William J.

In: Resources and Energy, Vol. 3, No. 1, 1981, p. 39-54.

Research output: Contribution to journalArticle

Smith, V. Kerry ; Vaughan, William J. / Strategic details and process analysis model for environmental management. An econometric analysis. In: Resources and Energy. 1981 ; Vol. 3, No. 1. pp. 39-54.
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