Designing environmental regulations with empirical microparameter distributions: the case of seawater intrusion

Economists have long recognized the problems inherent in the concept of aggregate capital, and have expended considerable effort to develop models with heterogeneous input quality. One such framework is the putty-clay, or microparameter model introduced by Houthakker (1955), Johansen (1959) and Solo...

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Veröffentlicht in:	Resource and energy economics 2000, Vol.22 (1), p.63-78
Hauptverfasser:	Green, Gareth P, Sunding, David L
Format:	Artikel
Sprache:	eng
Schlagworte:	Applied sciences Economic models Environmental regulation Environmental regulations Exact sciences and technology Groundwaters Natural water pollution Pollution Putty–clay Studies Taxation Water quality Water treatment Water treatment and pollution
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