From theory to implementation of the best instrument to protect human health: a brief overview
AbstractThis paper presents a survey of methods of regulations with focus on pollution abatement and of various approaches to the issue of measuring quantities such as the marginal benefit of improved health that are crucial in view of implementing the regulation. Since pollution is a public bad, in general the efficient level of pollution can only be reached by way of some sort of public intervention. The paper's focus is on so-called marketbased mechanisms, which in turn are classified into price-based mechanisms (pollution taxes) and quantity-based mechanisms (tradeable permits). The basic framework for addressing the comparison between the two types of mechanisms is Weitzman (1974). In order to actually choose between regulation methods and to eventually implement chosen methods, estimates are needed of some crucial quantities, in particular of marginal costs and benefits of pollution abatement. The most problematic one is of course marginal benefit. Therefore the paper considers various approaches to the measurement of marginal benefits.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Institute of Public Policy and Public Choice - POLIS in its series POLIS Working Papers with number 104.
Length: 39 pages
Date of creation: Apr 2008
Date of revision:
Contact details of provider:
Web page: http://polis.unipmn.it
marginal costs; marginal benefits; pollution regulation; health;
Find related papers by JEL classification:
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-05-05 (All new papers)
- NEP-ENV-2008-05-05 (Environmental Economics)
- NEP-HEA-2008-05-05 (Health Economics)
- NEP-REG-2008-05-05 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Segerson, Kathleen & Miceli, Thomas J., 1998. "Voluntary Environmental Agreements: Good or Bad News for Environmental Protection?," Journal of Environmental Economics and Management, Elsevier, vol. 36(2), pages 109-130, September.
- Dickie, M. & Gerking, S.D., 1991.
"Willingness to pay for ozone control: Inferences from the demand for medical care,"
Open Access publications from Tilburg University
urn:nbn:nl:ui:12-4742836, Tilburg University.
- Dickie, Mark & Gerking, Shelby, 1991. "Willingness to Pay for ozone control: Inferences from the demand for medical care," Journal of Environmental Economics and Management, Elsevier, vol. 21(1), pages 1-16, July.
- Dickie, M. & Gerking, S.D., 1991. "Willingness to pay for ozone control: Inferences from the demand for medical care," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4628497, Tilburg University.
- Dickie, M. & Gerking, S.D., 1991. "Valuing reduced morbidity: A household production approach," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4742834, Tilburg University.
- Fare, Rolf, et al, 1993. "Derivation of Shadow Prices for Undesirable Outputs: A Distance Function Approach," The Review of Economics and Statistics, MIT Press, vol. 75(2), pages 374-80, May.
- Gerking, S.D. & Stanley, L.R., 1986. "An economic analysis of air pollution and health: The case of St. Louis," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4742806, Tilburg University.
- Marchese, Carla, 2008. "The limits to growth then and now," POLIS Working Papers 105, Institute of Public Policy and Public Choice - POLIS.
- Piero Cavaleri & Michael Keren & Giovanni B. Ramello & Vittorio Valli, 2009.
"Publishing an E-Journal on a Shoe String: Is It a Sustainable Project?,"
Economic Analysis and Policy (EAP),
Queensland University of Technology (QUT), School of Economics and Finance, vol. 39(1), pages 89-101, March.
- Cavaleri, Pietro & Keren, Michael & Ramello, Giovanni B. & Valli, Vittorio, 2009. "Publishing an E-journal on a shoe string: Is it a sustainaible project?," POLIS Working Papers 118, Institute of Public Policy and Public Choice - POLIS.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lucia Padovani).
If references are entirely missing, you can add them using this form.