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What Do Economists Have to Say about the Clean Air Act 50 Years after the Establishment of the Environmental Protection Agency?

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  • Janet Currie
  • Reed Walker

Abstract

Air quality in the United States has improved dramatically over the past 50 years in large part due to the introduction of the Clean Air Act and the creation of the Environmental Protection Agency to enforce it. This article is a reflection on the 50-year anniversary of the formation of the Environmental Protection Agency, describing what economic research says about the ways in which the Clean Air Act has shaped our society—in terms of costs, benefits, and important distributional concerns. We conclude with a discussion of how recent changes to both policy and technology present new opportunities for researchers in this area.

Suggested Citation

  • Janet Currie & Reed Walker, 2019. "What Do Economists Have to Say about the Clean Air Act 50 Years after the Establishment of the Environmental Protection Agency?," Journal of Economic Perspectives, American Economic Association, vol. 33(4), pages 3-26, Fall.
    • Handle: RePEc:aea:jecper:v:33:y:2019:i:4:p:3-26
    Note: DOI: 10.1257/jep.33.4.3
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    References listed on IDEAS

    as
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    More about this item

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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