The Costs of Environmental Regulation in a Concentrated Industry
The typical cost analysis of an environmental regulation consists of an engineering estimate of the compliance costs. In industries where fixed costs are an important determinant of market structure, this static analysis ignores the dynamic effects of the regulation on entry, investment, and market...
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| Format: | Article |
| Language: | English |
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John Wiley & Sons, Inc.,
2012-10-04T16:11:34Z.
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| Online Access: | Get fulltext |