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| Thomson, Norm J.; Walsh, Cliff. |
| Public utilities which apply roughly uniform prices to all consumers often engage in cross-subsidisation - charging prices which are below cost for consumers in low population density areas but above cost for consumers in high density areas. The distributional and allocative implications of this practice are examined and it is concluded that some cross-subsidisation may be justifiable on welfare grounds even where no externalities exist. There is, however, little empirical evidence released by utilities to enable assessment of the efficiency of their practices. If nothing else, we highlight the need for greater public disclosure of pricing practices by public utilities. |
| Tipo: Journal Article |
Palavras-chave: Community/Rural/Urban Development; Public Economics. |
| Ano: 1981 |
URL: http://purl.umn.edu/22316 |
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| Chisholm, Anthony H.; Walsh, Cliff; Brennan, Geoffrey. |
| Our economic perspective of the pollution problem characterizes that problem as involving a conflict between the consumption of two broad classes of goods--physical (or produced) commodities and the direct consumption of 'clean environment'. After considering the relative merits of market and political decision-making processes used to achieve appropriate social choices between the consumption of physical goods and 'clean environment', we focus on the alternative policy options for pollution control. The main conclusion we reach is that, in general, fiscal instruments (taxes and subsidies) are a more efficient means of controlling pollution than the widespread use of regulations or other legal instruments. |
| Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 1974 |
URL: http://purl.umn.edu/22296 |
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