Record Details
Potential gains from trading bad outputs: The case of U.S. electric power plants
ScholarsArchive at Oregon State University
| Field | Value |
|---|---|
| Title | Potential gains from trading bad outputs: The case of U.S. electric power plants |
| Names |
Färe, Rolf
(creator) Grosskopf, Shawna (creator) Pasurka, Carl A. (creator) |
| Date Issued | 2014-01 (iso8601) |
| Note | To the best of our knowledge, one or more authors of this paper were federal employees when contributing to this work. This is the publisher’s final pdf. The published article is copyrighted by Elsevier and can be found at: http://www.journals.elsevier.com/resource-and-energy-economics/. |
| Abstract | Jointly with kilowatt-hours (kWh), electric power plants also produce CO₂, NO[subscript x], and SO₂. In this paper, we apply an environmental production model based on data envelopment analysis (DEA) to compare the production of kWh under command-and-control regulation of the undesirable byproduct with tradable permit regulation of the byproduct. This is done for each of the three undesirable outputs and combinations of them. We apply our model to a dataset of 80 coal-fired electric power plants from 1995 to 2005. From this we can identify the potential gains from trading the most common undesirable outputs produced by coal-fired electric power plants. |
| Genre | Article |
| Topic | Joint production |
| Identifier | Färe, R., Grosskopf, S., & Pasurka Jr, C. A. (2013). Potential gains from trading bad outputs: The case of US electric power plants. Resource and Energy Economics, 36(1), 99-112. doi:10.1016/j.reseneeco.2013.11.004 |
