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This paper focuses on how electric utility companies can respond in their decision making to uncertain variables. Here we take a mean- variance type of approach. The mean'' value is an expected cost, on a discounted value basis. We assume that management has risk preferences incorporating a...
Persistent link: https://www.econbiz.de/10009436272
The effectiveness of SO{sub 2} emission allowance trading under Title 4 of the 1990 Amendments to the Clean Air Act (CAA) is of great interest due to the innovative nature of this market incentive approach. However, it may be a mistake to frame the compliance problem for a utility as a decision...
Persistent link: https://www.econbiz.de/10009435386
This report provides background information for the Bonneville Power Administration (Bonneville) in its efforts to quantify the environmental externalities associated with new electricity resources. A more detailed companion document has been provided to Bonneville for internal use. This report...
Persistent link: https://www.econbiz.de/10009435621
pollution intensive sectors. Energy is treated like any other production input when examining evidence of inefficiency. We find …
Persistent link: https://www.econbiz.de/10009437135
as follows: (i) a higher dependence on primary commodities reduces economic growth, increases income inequality, and … slows down the rate of human capital accumulation; (ii) the negative effects of primary commodities on growth, inequality … the case of growth and inequality, the negative effect of primary commodities and the differences of the slope …
Persistent link: https://www.econbiz.de/10009448468
When we talk of economic growth must take into account the natural environment and its resources, they become in … environment. Economic growth so far has relied more on non-renewable resources or unlimited capacity of the natural environment to … natural cycles favorable economic and biological lifeToday, economic growth can only increase as economic - ecological based …
Persistent link: https://www.econbiz.de/10015335641
with the substantial regulatory scrutiny exerted by environmental agencies and the primary pollution control approach …
Persistent link: https://www.econbiz.de/10009476891
The objective of this paper is to analyze sources of labor productivity growth in the Kansas farm sector over the … productivity growth into three components: (1) technological catch-up, (2) technological change, and (3) capital deepening. Kernel …
Persistent link: https://www.econbiz.de/10009443295
Environmental issues are becoming increasingly important in organization theory and practice. Corporate … theory and practice. …
Persistent link: https://www.econbiz.de/10009482025
theoretical perspective. First, I provide evidence that similarly to wage inequality the growth rate of the imports of parts and …The present work aims to contribute to a better understanding of the determinants of wage inequality focussing on the … explaining wage inequality I attempt a re-evaluation of its role starting from the premise that globalization, technical change …
Persistent link: https://www.econbiz.de/10009471896