|
1. |
Cost Estimation |
|
|
- Engineering estimates
- Survey estimates
- Opportunity costs
|
|
2. |
Productivity Impacts |
| |
- Measured: Q/L
- Negative impacts: crowding out of investment, entrepreneurship
- Positive impacts: Porter hypothesis, health
|
| 3. |
Employment Impacts |
| |
- The PPF
- The unemployment rate
- Plant shutdowns
- Pollution havens
|
| 4. |
Market Power |
| |
- Higher fixed costs act as a barrier to entry
- Allocative inefficiency
- Technical inefficiency
|
| 5. |
General Equilibrium Effects |
| |
- Indirect impacts
- Double-dividend hypothesis
|
