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Economic incentives for TQEM: Are they in your future?
Author(s) -
Bergeson Lynn L.,
Campbell Lisa M.
Publication year - 1991
Publication title -
environmental quality management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.249
H-Index - 27
eISSN - 1520-6483
pISSN - 1088-1913
DOI - 10.1002/tqem.3310010207
Subject(s) - incentive , subsidy , control (management) , quality (philosophy) , complement (music) , business , environmental economics , public economics , risk analysis (engineering) , economics , microeconomics , management , philosophy , biochemistry , chemistry , phenotype , epistemology , complementation , market economy , gene
Traditional command‐and‐control regulations provide few opportunities for total quality environmental management because they usually do not take into account cost and efficiency factors. However, in the past several years both Congress and EPA have shown increasing interest in using incentive‐type approaches to regulate the environment. These include taxes, marketable pollution privileges, deposits and refunds, information disclosure provisions, and subsidies. The author details examples of each and discusses how they can effectively complement a quality program.