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Environmental Sustainability and Regulation: To-Down Versus Bottom-Up Regulation

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Author Info
Mariam, Yohannes

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Abstract

Environmental regulation can be broadly divided into those that follow the top-down and bottom-up approaches. The two approaches have similar objective with respect to environmental protection and sustainability. However, the success with which each approach achieves goals of environmental protection and sustainability may vary. Moreover, the costs and benefits of each approach differ. The present study will explore the implication of environmental regulation to sustainability, costs associated with regulations, and alternatives with respect to using mixes of market-based instruments. The study will review top-down and bottom-up environmental regulations with the objective of identifying weakness and strength of each approach. Furthermore, the study will make recommendations on possible strategies (e.g., mixes of regulatory instruments) that will contribute toward the attainment of sustainable environment, and by implication to sustainable development.

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File URL: http://mpra.ub.uni-muenchen.de/413/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 413.

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Date of creation: 10 Jun 2001
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Handle: RePEc:pra:mprapa:413

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Related research
Keywords: Regulation Top-down Bottom-up Market-based Performance-based Environmental

Find related papers by JEL classification:
Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounting
Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

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