SHADOW PRICES OF SULFUR DIOXIDE ALLOWANCE IN PHASE I ELECTRIC UTILITIES

Jon Rezek

No 21638, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The divergence of SO2 allowance price from initial estimates has spawned substantial interest since emission trading began. This paper uses non-parametric DEA to calculate technical, output revenue and allocative efficiency measures of Phase I electric plants. The allocative efficiency measure is then used to determine if allowance prices actually reflect opportunity costs.

Keywords: Demand and Price Analysis; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 12
Date: 1999
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21638

DOI: 10.22004/ag.econ.21638

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