Optimal Allocation of Economic Activities under Environmental Constraints in the Frankfurt Metropolitan Area
Rainer Thoss and
Kjell Wiik
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Rainer Thoss: University of Munster
Kjell Wiik: University of Munster
Chapter 15 in Econometric Contributions to Public Policy, 1978, pp 348-369 from Palgrave Macmillan
Abstract:
Abstract In this paper we are concerned with the contribution of econometrics to environmental policy. The contribution of econometrics to public policy lies in the fact that it provides decision-makers with the possibility of conducting experiments before taking political measures. Of course, during the phase of model-building and testing of hypotheses much insight is gained into the mechanisms of the economic system, but the ultimate purpose of econometrics is simulation.
Keywords: Environmental Policy; Biological Oxygen Demand; Environmental Constraint; Private Consumption; Final Demand (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-16003-7_16
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DOI: 10.1007/978-1-349-16003-7_16
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