The Political Production of Superfund: Some Financial Market Results
In this article, we assess the prospective effects of different legislative packages by examining how financial markets reacted to alternate proposals and the final law. The use of financial markets analysis provides at least one avenue for identifying interest groups that won and lost as the major features of proposed legislation were modified. The analysis indirectly determines who pays for Superfund. Significant shareholder losses indicate shareholders pay. By contrast, the absence of wealth effects implies that consumers pay in the form of higher prices for chemical and other affected products.
Volume (Year): 22 (1996)
Issue (Month): 1 (Winter)
|Contact details of provider:|| Postal: c/o Dr. Alexandre Olbrecht, The Anisfield School of Business 205, Ramapo College, 505 Ramapo Valley Road, Ramapo, New Jersey 07430, USA|
Phone: (201) 684-7346
Web page: https://www.quinnipiac.edu/eea/
More information through EDIRC
References listed on IDEAS
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.:
- Maloney, Michael T & McCormick, Robert E, 1982. "A Positive Theory of Environmental Quality Regulation," Journal of Law and Economics, University of Chicago Press, vol. 25(1), pages 99-123, April.
- Wendy Naysnerski & Tom Tietenberg, 1992. "Private Enforcement of Federal Environmental Law," Land Economics, University of Wisconsin Press, vol. 68(1), pages 28-48.
- Schwert, G William, 1981. "Using Financial Data to Measure Effects of Regulation," Journal of Law and Economics, University of Chicago Press, vol. 24(1), pages 121-58, April.
- Douglas W. McNeil & Andrew W. Foshee & Clark R. Burbee, 1988. "Superfund Taxes and Expenditures: Regional Redistributions," The Review of Regional Studies, Southern Regional Science Association, vol. 18(1), pages 4-9, Winter.
When requesting a correction, please mention this item's handle: RePEc:eej:eeconj:v:22:y:1996:i:1:p:75-87. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson, College of the Holy Cross)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.