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Regulatory Review of Environmental Policy: The Potential Role of Health-Health Analysis

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  • Portney, Paul R
  • Stavins, Robert N

Abstract

Health-health analysis (HHA) posits a seemingly unassailable criterion for regulatory assessment: policies intended to protect human health ought to exhibit positive health benefits. Despite the apparent logic of this criterion, it is important to ask whether it would aid in the quest for better public policies. In the context of environmental issues, we find that HHA can be useful by reminding us that it is the net health impact of a proposed regulation that can be important. However, we also find that in most applications the health impacts of regulatory compliance costs are unlikely to be significant. Conventional benefit-cost analysis ought to remain the principal tool of economic assessment of environmental laws and regulations. Copyright 1994 by Kluwer Academic Publishers

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Bibliographic Info

Article provided by Springer in its journal Journal of Risk and Uncertainty.

Volume (Year): 8 (1994)
Issue (Month): 1 (January)
Pages: 111-22

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Handle: RePEc:kap:jrisku:v:8:y:1994:i:1:p:111-22

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Web page: http://www.springerlink.com/link.asp?id=100299

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Cited by:
  1. Stavins, Robert, 2000. "A Two-Way Street Between Environmental Economics and Public Policy," Working Paper Series rwp00-005, Harvard University, John F. Kennedy School of Government.
  2. W. Kip Viscusi & Joseph E. Aldy, 2003. "The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World," NBER Working Papers 9487, National Bureau of Economic Research, Inc.

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