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A NOTE ON THE USE OF ECONOMIC INCENTIVES IN WATER POLLUTION ABATEMENT1
Authors:M. Bundgaard-Nielsen
Abstract:ABSTRACT The firms decision to invest in wastewater treatment facilities is influenced by the economic incentives provided. It is shown that the timing of investments in pollution control may be described by an extended version of the first year benefit criterion. The criterion developed may help to provide a better insight into the complex interaction of the various economic incentives used in pollution abatement.
Keywords:management  economic incentives  taxes  effluent charges  subsidies.
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