1 Trade Suppose Cascadia has the following industry-level output (in dollars) and emissions rates (in tons of CO₂ per dollar) in 2000 and 2020. Year Industry Agriculture Electricity Transportation Industry 2000 Output Emissions Rate Output 50 100 150 200 0.16 0.2 0.26 0.3 80 300 300 250 2020 Emissions Rate 0.12 0.16 0.2 0.25 1.1 Calculate the Scale, Scale+Composition, and Scale+Composition+Technique effects 1.2 Use your answers from the previous question to explain which of the scale, com- position, and technique effects has had the largest impact on emissions growth

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
1 Trade
Suppose Cascadia has the following industry-level output (in dollars) and emissions rates (in tons of CO₂
per dollar) in 2000 and 2020.
Year
Industry
2000
Output Emissions Rate Output
80
300
300
250
Agriculture
50
Electricity
100
Transportation 150
Industry
200
0.16
0.2
0.26
0.3
2020
Emissions Rate
0.12
0.16
0.2
0.25
1.1 Calculate the Scale, Scale+Composition, and Scale+Composition+Technique effects
1.2 Use your answers from the previous question to explain which of the scale, com-
position, and technique effects has had the largest impact on emissions growth
Transcribed Image Text:1 Trade Suppose Cascadia has the following industry-level output (in dollars) and emissions rates (in tons of CO₂ per dollar) in 2000 and 2020. Year Industry 2000 Output Emissions Rate Output 80 300 300 250 Agriculture 50 Electricity 100 Transportation 150 Industry 200 0.16 0.2 0.26 0.3 2020 Emissions Rate 0.12 0.16 0.2 0.25 1.1 Calculate the Scale, Scale+Composition, and Scale+Composition+Technique effects 1.2 Use your answers from the previous question to explain which of the scale, com- position, and technique effects has had the largest impact on emissions growth
Expert Solution
steps

Step by step

Solved in 5 steps

Blurred answer
Knowledge Booster
Monopoly
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education