Shadow prices for undesirables in Swedish industry: Indication of environmental Kuznets curves?
2005 (English)Report (Other (popular science, discussion, etc.))
In this note, we estimate time series of shadow prices for Swedish emissions of CO2, SO2 , and VOC for the period 1918 - 1994. The shadow prices are in the second step related to income to explain the environmental Kuznets curves previously found for Swedish data on the three emissions. A Shephard distance function approach is used to estimate a structural model of the industry’s production process in order to calculate the opportunity costs of a reduction in the emissions. We conclude that the times series of the shadow prices obtained using this approach do not show support for EKCs for Swedish industry.
Place, publisher, year, edition, pages
Umeå: Umeå university , 2005. no 659, 16 p.
, Umeå economic studies, ISSN 1403-4824 ; 659
Emissions, historical time series, distance function
Research subject Economics
IdentifiersURN: urn:nbn:se:umu:diva-4571OAI: oai:DiVA.org:umu-4571DiVA: diva2:143724
Distributor:Nationalekonomi, 90187, Umeå