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来源类型Working Paper
规范类型报告
DOI10.3386/w29845
来源IDWorking Paper 29845
Economic Geography and the Efficiency of Environmental Regulation
Alex Hollingsworth; Taylor Jaworski; Carl Kitchens; Ivan J. Rudik
发表日期2022-03-14
出版年2022
语种英语
摘要We develop a spatial equilibrium model to evaluate the efficiency and distributional impacts of the leading air quality regulation in the United States: the National Ambient Air Quality Standards (NAAQS). We link our economic model to an integrated assessment model for air pollutants which allows us to capture endogenous changes in emissions, amenities, labor, and production. Our results show that the NAAQS generate over $23 billion of annual welfare gains. This is roughly 80 percent of welfare gains of the second-best NAAQS design, but only 25 percent of the first-best emission pricing policy. The NAAQS benefits are concentrated in a small set of cities, impose substantial costs on manufacturing workers, improve amenities in counties in compliance with the NAAQS, and reduce emissions in compliance counties through general equilibrium channels. These findings highlight the importance of accounting for geographic reallocation and equilibrium responses when quantifying the effects of environmental regulation.
主题International Economics ; Trade ; Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w29845
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/587517
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GB/T 7714
Alex Hollingsworth,Taylor Jaworski,Carl Kitchens,et al. Economic Geography and the Efficiency of Environmental Regulation. 2022.
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