Who Benefits from Environmental Regulation? Evidence from the Clean Air Act Amendments
By Antonio M. Bento, Matthew Freedman, Corey Lang. Review of Economics and Statistics, 2015
130 citations recorded by the source corpus.
Abstract Using geographically disaggregated data and exploiting an instrumental variable strategy, we show that contrary to conventional wisdom, the benefits of the 1990 Clean Air Act Amendments (CAAA) were progressive. The CAAA created incentives for local regulators to target the initially dirtiest areas for cleanup, creating heterogeneity in the incidence of air quality improvements that favored lower-income households. Based on house price appreciation, households in the lowest quintile of the income distribution received annual benefits from the program equal to 0.3% of their income on average during the 1990s, over twice as much as those in the highest quintile.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/68c86c25ca1809e249e3076744953a27e0d727d3
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In Economics and Econometrics
- N. Kuminoff
- Jaren C. Pope
- C. Timmins
- Paulina Oliva
- V. Smith
- Matthew Gibson
- Kevin J. Boyle
- Kelly C. Bishop
Citations in the corpus
- Regulation-Induced Pollution Substitution (2019, background): “As Blackorby and Russell (1989) argue, this measure of curvature is interesting but substantially less informative than the Morishima elasticity.”
- The Distribution of Environmental Damages (2019, background): “In order to examine the average within-MSA relationship between income and exposure, we separately compute the percentile of average income for each block group within each MSA.”
- Best Practices for Using Hedonic Property Value Models to Measure Willingness to Pay for Environmental Quality (2020, background): “…the capitalization effects of changes in a wide range of amenities, including cancer risk (Davis 2004), fracking externalities (Muehlenbachs, Spiller, and Timmins 2015), air pollution reductions (Bento, Freedman, and Lang 2015), sand dune construction (Dundas 2017), and open space (Lang 2018).”