Joint production, externalities, and the regulation of production networks

• Verfasst von: Baumgärtner, Stefan [VerfasserIn]
• Verfasst von: Jöst, Frank [VerfasserIn]
• Titel: Joint production, externalities, and the regulation of production networks
• Verf.angabe: Stefan Baumgärtner, Frank Joest
• Jahr: 2000
• Umfang: 23 S. S.
• Umfang: 23 S.
• Illustrationen: graph. Darst.
• Fussnoten: In: Environmental & resource economics
• Titel Quelle: Enthalten in: Environmental & resource economics
• Ort Quelle: Dordrecht : Springer, 1991
• Jahr Quelle: 2000
• Band/Heft Quelle: 15(2000), Seite 229-251
• ISSN Quelle: 0924-6460
• Sprache: eng
• Sach-SW: Sustainability sciences, Management & Economics
• Sach-SW: environmental policy
• Sach-SW: externalities
• Sach-SW: integrated production systems
• Sach-SW: joint production
• Sach-SW: sulphuric acid
• Sach-SW: Economics
• Sach-SW: environmental policy
• Sach-SW: externalities
• Sach-SW: integrated production systems
• Sach-SW: joint production
• Sach-SW: sulphuric acid
• K10plus-PPN: 313325804

Abstract

Real production systems are often vertically integrated in thesense that one production process uses the unwanted joint product of another production process as input.This interrelationship links in a non-obvious way the different negative externalities stemming from theproduction processes. An empirical example is the sulphuric acid industry. Our model of a vertically integratedproduction system shows how internalising one currently existing externality may create another externalitywhich has thus far not been existent. We also discuss how environmental policy could deal with this problemwhen regulating integrated production systems.