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The Costs, Benefits, and Efficiency of Air Quality Regulation.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	The Costs, Benefits, and Efficiency of Air Quality Regulation./
Author:	Murphy, Joshua Dennis.
Description:	1 online resource (165 pages)
Notes:	Source: Dissertation Abstracts International, Volume: 79-03(E), Section: A.
Contained By:	Dissertation Abstracts International79-03A(E).
Subject:	Environmental economics. -
Online resource:	click for full text (PQDT)
ISBN:	9780355531916

The Costs, Benefits, and Efficiency of Air Quality Regulation.
Murphy, Joshua Dennis.

The Costs, Benefits, and Efficiency of Air Quality Regulation. - 1 online resource (165 pages)

Source: Dissertation Abstracts International, Volume: 79-03(E), Section: A.

Thesis (Ph.D.)--University of Toronto (Canada), 2017.

Includes bibliographical references

Air pollution poses serious risks to public health. Combatting it sensibly requires credible empirical estimates of the relevant costs and benefits. The intent of this thesis is to provide such estimates.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780355531916Subjects--Topical Terms:

555780
Environmental economics.
Index Terms--Genre/Form:

554714
Electronic books.

The Costs, Benefits, and Efficiency of Air Quality Regulation.
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100 1 $a Murphy, Joshua Dennis. $3 1189734
245 1 4 $a The Costs, Benefits, and Efficiency of Air Quality Regulation.
264 0 $c 2017
300 $a 1 online resource (165 pages)
336 $a text $b txt $2 rdacontent
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500 $a Source: Dissertation Abstracts International, Volume: 79-03(E), Section: A.
500 $a Adviser: Robert McMillan.
502 $a Thesis (Ph.D.)--University of Toronto (Canada), 2017.
504 $a Includes bibliographical references
520 $a Air pollution poses serious risks to public health. Combatting it sensibly requires credible empirical estimates of the relevant costs and benefits. The intent of this thesis is to provide such estimates.
520 $a Chapter 1 examines the value of reducing emissions from power plants, an important source of air pollution in several countries. Within a model of health, consumption, production, power generation, and resource extraction, I derive a 'sufficient statistics' formula for the change in social welfare due to a small reduction in emissions. The formula simplifies to a comparison of marginal benefits (in terms of reduced mortality risk, monetized using the value of a statistical life) and the marginal cost of abatement. I estimate these inputs using quasi-experimental variation induced by the Clean Air Interstate Rule, a policy that capped power plant emissions in the United States. Results indicate that further reducing those emissions would be worthwhile.
520 $a Chapter 2 re-examines the effect of a county's regulatory status under the US Clean Air Act on the change in its air pollution concentration, the 'first-stage' underlying causal estimates of the benefits of reducing air pollution in several studies. Using data thought no longer to exist, I find that one of the commonly-used measurement approaches---a regression-discontinuity estimator---is invalid. The other commonly-used approach---a difference-in-differences estimator---delivers inflated estimates of the effects of regulation on air pollution. These findings suggest that the literature substantially understates the benefits of reducing air pollution.
520 $a Chapter 3, joint with Robert McMillan, provides causal estimates of the effects of sustained exposure to severe air pollution on mortality risk. Our research design is based on the 'smoke control' provisions of the UK's Clean Air Act of 1956, which granted local authorities power to address emissions from the domestic chimney. We find that smoke control caused significant reductions in air pollution in areas that implemented it relative to those that did not. Our 2SLS estimates, which combine this exogenous variation in air quality improvements with local mortality data, indicate a significant reduction in probability of death. They are relevant when calculating air pollution's costs in coal-burning middle-income countries today.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
650 4 $a Environmental economics. $3 555780
650 4 $a Public administration. $3 562473
650 4 $a Public health. $3 560998
655 7 $a Electronic books. $2 local $3 554714
690 $a 0438
690 $a 0617
690 $a 0573
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a University of Toronto (Canada). $b Economics. $3 1179122
773 0 $t Dissertation Abstracts International $g 79-03A(E).
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10623531 $z click for full text (PQDT)