| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27603 |
| 来源ID | Working Paper 27603 |
| Co-Benefits and Regulatory Impact Analysis: Theory and Evidence from Federal Air Quality Regulations | |
| Joseph E. Aldy; Matthew Kotchen; Mary F. Evans; Meredith Fowlie; Arik Levinson; Karen Palmer | |
| 发表日期 | 2020-08-03 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This paper considers the treatment of co-benefits in benefit-cost analysis of federal air quality regulations. Using a comprehensive data set on all major Clean Air Act rules issued by the Environmental Protection Agency over the period 1997-2019, we show that (1) co-benefits make up a significant share of the monetized benefits; (2) among the categories of co-benefits, those associated with reductions in fine particulate matter are the most significant; and (3) co-benefits have been pivotal to the quantified net benefit calculation in exactly half of cases. Motivated by these trends, we develop a simple conceptual framework that illustrates a critical point: co-benefits are simply a semantic category of benefits that should be included in benefit-cost analyses. We also address common concerns about whether the inclusion of co-benefits is problematic because of alternative regulatory approaches that may be more cost-effective and the possibility for double counting. |
| 主题 | Microeconomics ; Welfare and Collective Choice ; Environmental and Resource Economics ; Environment |
| URL | https://www.nber.org/papers/w27603 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585275 |
| 推荐引用方式 GB/T 7714 | Joseph E. Aldy,Matthew Kotchen,Mary F. Evans,et al. Co-Benefits and Regulatory Impact Analysis: Theory and Evidence from Federal Air Quality Regulations. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27603.pdf（742KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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