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The Effects on Production and Profits of Different Pollution Control Standards

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  • Helfand, Gloria E.

Abstract

Five different specifications of a pollution control restriction are analyzed for their comparative effects on input use, output, and profits. Because of the different effects, interest groups are likely to pressure politicians for their preferred outcomes. The politically optimal regulatory instrument may then not correspond to the efficient instrument.

Suggested Citation

  • Helfand, Gloria E., 1989. "The Effects on Production and Profits of Different Pollution Control Standards," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270506, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea89:270506
    DOI: 10.22004/ag.econ.270506
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    References listed on IDEAS

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    1. Buchanan, James M & Tullock, Gordon, 1975. "Polluters' Profits and Political Response: Direct Controls Versus Taxes," American Economic Review, American Economic Association, vol. 65(1), pages 139-147, March.
    2. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    3. Besanko, David, 1987. "Performance versus design standards in the regulation of pollution," Journal of Public Economics, Elsevier, vol. 34(1), pages 19-44, October.
    4. Gordon C. Rausser, 1982. "Political Economic Markets: PERTs and PESTs in Food and Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(5), pages 821-833.
    5. Thomas, Vinod, 1980. "Welfare cost of pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 7(2), pages 90-102, June.
    6. Jon D. Harford & Gordon Karp, 1983. "The Effects and Efficiencies of Different Pollution Standards," Eastern Economic Journal, Eastern Economic Association, vol. 9(2), pages 79-89, Apr-Jun.
    7. Gordon C. Rausser, 1982. "Political Economic Markets: PERTs and PESTs in Food and Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(5), pages 821-833.
    8. Gordon C. Rausser, 1982. "Political Economic Markets: PERTs and PESTs in Food and Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(5), pages 821-833.
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    Cited by:

    1. Chen, Pei-Chi Peggy & McIntosh, Christopher, 1991. "The Impact of Chemical Restrictions on Agriculutral Output and Input Markets," WAEA/ WFEA Conference Archive (1929-1995) 321432, Western Agricultural Economics Association.
    2. Fox, Glenn & Weersink, Alfons & Sarwar, Ghulam & Duff, Scott & Deen, Bill, 1991. "Comparative Economics Of Alternative Agricultural Production Systems: A Review," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 20(1), pages 1-19, April.

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