Lowering the Cost of Pollution Control versus Controlling Pollution: A Comment.
Dwight Lee (1999) shows that the collectivity may be better, not worse off, when a technically "inefficient" pollution abatement technology is adopted. The purpose of this note is two fold. First, to show that once rent-seeking is incorporated into the analysis, Lee's qualified support for a technically inefficient pollution abatement technology is at best problematic, and at worst flawed. Second, to demonstrate that it is possible to make a less problematic normative case in favour of the adoption of the technically inefficient abatement policy. Copyright 2002 by Kluwer Academic Publishers
Year of publication: |
2002
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Authors: | Brooks, Michael |
Published in: |
Public Choice. - Springer. - Vol. 110.2002, 1-2, p. 163-72
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Publisher: |
Springer |
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