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- W2072080019 abstract "Abstract This paper uses a two-input/two-output process model to analyze the qualitative implications of imposing rate-of-return regulation and effluent charges upon a profit-maximizing monopoly which produces environmental effluent. Although rate-of-return regulation is usually thought of as a monopoly policy instrument, this paper shows that the use of such regulation will have an effect upon the level of effluent. In addition, this paper demonstrates that the determination of optimal effluent charges when the polluting monopoly is already constrained by rate-of-return regulation is likely to be a much more difficult task than the general Pigouvian prescription of externality taxes would admit." @default.
- W2072080019 created "2016-06-24" @default.
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- W2072080019 date "1976-02-01" @default.
- W2072080019 modified "2023-09-26" @default.
- W2072080019 title "The environmental implications of monopoly regulation: A process analysis approach" @default.
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- W2072080019 doi "https://doi.org/10.1016/0095-0696(76)90035-8" @default.
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