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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
URLhttps://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.
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