Clearing the Air? The Effects of Gasoline Content Regulation on Air Quality
Authors: Auffhammer, Maximilian; Kellogg, Ryan
Source: The American Economic Review, Volume 101, Number 6, October 2011 , pp. 2687-2722(36)
Publisher: American Economic Association
Abstract:This paper examines whether US gasoline content regulations, which impose substantial costs on consumers, have successfully reduced ozone pollution. We take advantage of spatial and temporal variation in the regulations' implementation to show that federal gasoline standards, which allow refiners flexibility in choosing a compliance mechanism, did not improve air quality. This outcome occurred because minimizing the cost of compliance does not reduce emissions of those compounds most prone to forming ozone. In California, however, we find that precisely targeted, inflexible regulations requiring the removal of particularly harmful compounds significantly improved air quality.
Document Type: Research Article
Publication date: October 1, 2011
- The American Economic Review is a general-interest economics journal. The journal is published quarterly and contains articles on a broad range of topics. Established in 1911, the AER is among the nation's oldest and most respected scholarly journals in the economics profession.
- Editorial Board
- Information for Authors
- Subscribe to this Title
- Membership Information
- Terms & Conditions
- e-Publications for AEA Members
- ingentaconnect is not responsible for the content or availability of external websites