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来源类型 | Journal Article in Environmental and Energy Policy and the Economy |
规范类型 | 论文 |
Cobenefits and Regulatory Impact Analysis: Theory and Evidence from Federal Air Quality Regulations | |
Joseph E. Aldy; Matthew J. Kotchen; Mary Evans; Meredith Fowlie; Arik Levinson; Karen Palmer | |
发表日期 | 2021-01-15 |
出处 | Environmental and Energy Policy and the Economy |
出版年 | 2021 |
语种 | 英语 |
摘要 | This article considers the treatment of cobenefits 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) cobenefits make up a significant share of the monetized benefits; (2) among the categories of cobenefits, those associated with reductions in fine particulate matter are the most significant; and (3) cobenefits have been pivotal to the quantified net benefit calculation in nearly half of cases. Motivated by these trends, we develop a simple conceptual framework that illustrates a critical point: cobenefits 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 cobenefits is problematic because of alternative regulatory approaches that may be more cost-effective and the possibility for double counting. |
主题 | Benefit-Cost Analysis,Clean Air Act |
URL | https://www.rff.org/publications/all-publications/cobenefits-and-regulatory-impact-analysis-theory-and-evidence-from-federal-air-quality-regulations/ |
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/588400 |
推荐引用方式 GB/T 7714 | Joseph E. Aldy,Matthew J. Kotchen,Mary Evans,et al. Cobenefits and Regulatory Impact Analysis: Theory and Evidence from Federal Air Quality Regulations. 2021. |
条目包含的文件 | 条目无相关文件。 |
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