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Assessing the economic valuation of the benefits of regulating chemicals: Lessons learned from five case studies

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  • Ståle Navrud

    (Norwegian University of Life Sciences)

Abstract

This paper reviews and compares five case studies on quantification and economic valuation of benefits in cost-benefit analyses (CBAs) of regulating phthalates, mercury, PFOA (perfluoro-octanic acid) and its salts, NMP (1 methyl-2-pyrroloidine) and formaldehyde. The case studies had all been carried out as part of the SACAME project, and the purpose of the present paper is to draw out cross-cutting findings from these studies.

Suggested Citation

  • Ståle Navrud, 2018. "Assessing the economic valuation of the benefits of regulating chemicals: Lessons learned from five case studies," OECD Environment Working Papers 136, OECD Publishing.
  • Handle: RePEc:oec:envaaa:136-en
    DOI: 10.1787/9a061350-en
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    More about this item

    Keywords

    Chemicals regulations; cost-benefit analysis; damage function; ecosystem services; health benefits; impact pathway;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • J17 - Labor and Demographic Economics - - Demographic Economics - - - Value of Life; Foregone Income
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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