全球智库信息集成服务系统(G2TT): General Equilibrium Benefit Transfersfor Spatial Externalities: RevisitingEPA's Prospective Analysis

G2TT

来源类型	Working Paper
规范类型	论文
	General Equilibrium Benefit Transfersfor Spatial Externalities: RevisitingEPA's Prospective Analysis
	V. Kerry Smith; H. Spencer Banzhaf; Randy Walsh
发表日期	2002-09-01
出版年	2002
页码	DP 02-44
语种	英语
摘要	Environmental policy analyses increasingly require the evaluation of benefits from large changes in spatially differentiated public goods. Such changes are likely to induce general equilibrium effects through changes in household expenditures and local migration, yet current practice "transfers" constant marginal values for even the largest changes. Moreover, it ignores important distributional effects of policy.This paper demonstrates that recently developed locational equilibrium models can provide transferable general equilibrium benefit measures. Our results suggest that taking account of the potential for adjustment and household heterogeneity is important. Applying benefits estimated from this method to the effect of the Clean Air Act amendments in Los Angeles, we find that the estimated annual general equilibrium benefits in 2000 and 2010 are dramatically different by income group and location. The gains range from $33 to about $2,400 per household. These differences arise from variations in the air quality conditions, income, and the effects of general equilibrium price adjustment.
主题	Air Quality ; Environmental Economics Topics
子主题	Clean Air Act
URL	http://www.rff.org/research/publications/general-equilibrium-benefit-transfersfor-spatial-externalities-revisitingepas
来源智库	Resources for the Future (United States)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/40673
推荐引用方式 GB/T 7714	V. Kerry Smith,H. Spencer Banzhaf,Randy Walsh. General Equilibrium Benefit Transfersfor Spatial Externalities: RevisitingEPA's Prospective Analysis. 2002.