Global S&T Development Trend Analysis Platform of Resources and Environment
Co-Benefits and Regulatory Impact Analysis: Theory and Evidence from Federal Air Quality Regulations | |
Joseph E. Aldy; Matthew Kotchen; Mary Evans; Meredith Fowlie; Arik Levinson; and Karen Palmer | |
2020-08-03 | |
出版年 | 2020 |
国家 | 美国 |
领域 | 资源环境 |
英文摘要 | This paper considers the treatment of co-benefits in benefit-cost analysis of federal air quality regulations. Using a comprehensive dataset on all economically significant Clean Air Act rules issued by the EPA 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 PM are the most significant; and (3) co-benefits 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: 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. |
URL | 查看原文 |
来源平台 | Resources for the Future |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/291285 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | Joseph E. Aldy,Matthew Kotchen,Mary 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 | 条目无相关文件。 |
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