A Change Point Analysis of the Impact of "Environmental Federalism" on Aggregate Air Quality in the United States: 1940--98
AbstractDuring President Reagan's administration, environmental policy making was substantially shifted from the federal level to the state and local levels. We use techniques in Bai (1997a, 1997b) to determine change points in the trends of three important air pollution series. We find that the beneficial trends in the emission series began with federal legislation and were not due to the Reagan devolution. However, second-round change point tests indicate that the beneficial trends in the emissions series that began with federal legislation continued unabated following the Reagan devolution. (JEL Q20, C50) Copyright 2006, Oxford University Press.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Economic Inquiry.
Volume (Year): 44 (2006)
Issue (Month): 1 (January)
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- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
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- B. Andrew Chupp, 2011. "Spillovers and Taxes: What Drives Strategic Competition in Environmental Policies?," Working Paper Series 20110402, Illinois State University, Department of Economics.
- Banzhaf, H. Spencer & Chupp, B. Andrew, 2012. "Fiscal federalism and interjurisdictional externalities: New results and an application to US Air pollution," Journal of Public Economics, Elsevier, vol. 96(5), pages 449-464.
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