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2016•American Economic ReviewRequires access

Cost Effectiveness and Cost-Benefit Analysis of Air Quality Regulations

Lewis J. Perl, Frederick C. Dunbar

Open publisher page 21 citations

Abstract

A cost-benefit analysis of sulfur dioxide regulations concludes that the Clean Air Act should be amended to lower the cost of pollution control. Net benefits will be higher, the study shows, if marginal costs and benefits are equated instead of continuing the current method of mandating a level of emissions. A better control strategy will be more effective than stringent control even when there is great uncertainty and error. 8 references, 2 tables. (DCK)

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What this paper is about

A cost-benefit analysis of sulfur dioxide regulations concludes that the Clean Air Act should be amended to lower the cost of pollution control. Net benefits will be higher, the study shows, if marginal costs and benefits are equated instead of continuing the current method of mandating a level of emissions. A better control strategy will be more effective than stringent control even when there is great uncertainty and error. 8 references, 2 tables. (DCK)

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OpenAlex reports 21 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

A cost-benefit analysis of sulfur dioxide regulations concludes that the Clean Air Act should be amended to lower the cost of pollution control. Net benefits will be higher, the study shows, if marginal costs and benefits are equated instead of continuing the current method of mandating a level of emissions. A better control strategy will be more effective than stringent control even when there is great uncertainty and error. 8 references, 2 tables. (DCK)

Key concepts: Marginal cost, Cost–benefit analysis, Clean Air Act, Control (management), Economics, Environmental economics, Air pollution, Air quality index

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