IDEAS home Printed from https://ideas.repec.org/a/bla/coecpo/v23y2005i4p555-567.html
   My bibliography  Save this article

The Case For Cross‐Media Environmental Policy

Author

Listed:
  • LINDA FERNANDEZ

Abstract

Balancing air, water, and land environmental goals can prevent use of harmful substances like methyl tert‐butyl ether (MTBE) in gasoline. This article offers an economic analysis of fuel choices using data from California. The full costs of various fuel blends are measured accounting for all multiple environmental impacts. The cost effectiveness of the product standard for oxygenates in gasoline is also assessed. The numerical results show the nonoxygenated gasoline is most cost effective and meets all environmental quality goals. (JEL Q53, Q58, Q49)

Suggested Citation

  • Linda Fernandez, 2005. "The Case For Cross‐Media Environmental Policy," Contemporary Economic Policy, Western Economic Association International, vol. 23(4), pages 555-567, October.
  • Handle: RePEc:bla:coecpo:v:23:y:2005:i:4:p:555-567
    DOI: 10.1093/cep/byi041
    as

    Download full text from publisher

    File URL: https://doi.org/10.1093/cep/byi041
    Download Restriction: no

    File URL: https://libkey.io/10.1093/cep/byi041?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Espey, Molly, 1998. "Gasoline demand revisited: an international meta-analysis of elasticities," Energy Economics, Elsevier, vol. 20(3), pages 273-295, June.
    2. Gollop, Frank M & Roberts, Mark J, 1985. "Cost-minimizing Regulation of Sulfur Emissions: Regional Gains in Electric Power," The Review of Economics and Statistics, MIT Press, vol. 67(1), pages 81-90, February.
    3. Jung, Chulho & Krutilla, Kerry & Boyd, Roy, 1996. "Incentives for Advanced Pollution Abatement Technology at the Industry Level: An Evaluation of Policy Alternatives," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 95-111, January.
    4. Roger D. Blair, 1973. "Problems of Pollution Standards: The Clean Air Act of 1970," Land Economics, University of Wisconsin Press, vol. 49(3), pages 260-268.
    5. Ann Fisher & Lauraine G. Chestnut & Daniel M. Violette, 1989. "The value of reducing risks of death: A note on new evidence," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 8(1), pages 88-100.
    6. Jean Agras & Duane Chapman, 1999. "The Kyoto Protocol, Cafe Standards, And Gasoline Taxes," Contemporary Economic Policy, Western Economic Association International, vol. 17(3), pages 296-308, July.
    7. Atkinson, Scott E. & Lewis, Donald H., 1974. "A cost-effectiveness analysis of alternative air quality control strategies," Journal of Environmental Economics and Management, Elsevier, vol. 1(3), pages 237-250, November.
    8. Perl, Lewis J & Dunbar, Frederick C, 1982. "Cost Effectiveness and Cost-Benefit Analysis of Air Quality Regulations," American Economic Review, American Economic Association, vol. 72(2), pages 208-213, May.
    9. Tolley, George & Kenkel, Donald & Fabian, Robert (ed.), 1994. "Valuing Health for Policy," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226807133, December.
    10. Multilateral Investment Guarantee Agency, 2001. "Annual Report 2001," World Bank Publications - Books, The World Bank Group, number 14271.
    11. Robert W. Hahn, 1995. "Choosing among fuels and technologies for cleaning up the air," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 14(4), pages 532-554.
    12. Alan J. Krupnick & Margaret A. Walls, 1992. "The cost-effectiveness of methanol for reducing motor vehicle emissions and urban ozone," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 11(3), pages 373-396.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Newell, Richard G & Stavins, Robert N, 2003. "Cost Heterogeneity and the Potential Savings from Market-Based Policies," Journal of Regulatory Economics, Springer, vol. 23(1), pages 43-59, January.
    2. Stavins, Robert & Newell, Richard, 2000. "Abatement-Cost Heterogeneity and Anticipated Savings from Market-Based Environmental Policies," Working Paper Series rwp00-006, Harvard University, John F. Kennedy School of Government.
    3. Revesz, Richard & Stavins, Robert, 2004. "Environmental Law and Policy," Working Paper Series rwp04-023, Harvard University, John F. Kennedy School of Government.
    4. Myunghun, Lee, 2011. "Potential cost savings from internal/external CO2 emissions trading in the Korean electric power industry," Energy Policy, Elsevier, vol. 39(10), pages 6162-6167, October.
    5. Martin Larsson, 2017. "EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia," Working Papers 1705, The Institute of Economics, Zagreb.
    6. Cropper, Maureen L & Oates, Wallace E, 1992. "Environmental Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 675-740, June.
    7. Henrik Hammar & Olof Johansson‐Stenman, 2004. "The value of risk‐free cigarettes – do smokers underestimate the risk?," Health Economics, John Wiley & Sons, Ltd., vol. 13(1), pages 59-71, January.
    8. Kuchler, Fred & Golan, Elise H., 1999. "Assigning Values To Life: Comparing Methods For Valuing Health Risks," Agricultural Economic Reports 34037, United States Department of Agriculture, Economic Research Service.
    9. Pizer, William A. & Kopp, Raymond, 2005. "Calculating the Costs of Environmental Regulation," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 25, pages 1307-1351, Elsevier.
    10. Romero-Jordán, Desiderio & del Río, Pablo & Jorge-García, Marta & Burguillo, Mercedes, 2010. "Price and income elasticities of demand for passenger transport fuels in Spain. Implications for public policies," Energy Policy, Elsevier, vol. 38(8), pages 3898-3909, August.
    11. Lehmann, Paul, 2008. "Using a policy mix for pollution control: A review of economic literature," UFZ Discussion Papers 4/2008, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    12. Wang, Michael Q., 2004. "Examining cost effectiveness of mobile source emission control measures," Transport Policy, Elsevier, vol. 11(2), pages 155-169, April.
    13. Rabah Amir & Adriana Gama & Katarzyna Werner, 2018. "On Environmental Regulation of Oligopoly Markets: Emission versus Performance Standards," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(1), pages 147-167, May.
    14. Dongdong Li, 2021. "Optimal licensing strategy of green technology in a mixed oligopoly: Fixed fee versus royalty," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(4), pages 942-951, June.
    15. Ravenswaay, Eileen O. van, 1992. "Public Perceptions of Food Saftey: Implications for Emerging Agricultural Technologies," Staff Paper Series 201159, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    16. Don Fullerton & Gilbert E. Metcalf, 2002. "Environmental Controls, Scarcity Rents, and Pre-existing Distortions," Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 26, pages 504-522, Edward Elgar Publishing.
    17. Gray, Wayne B & Jones, Carol Adaire, 1991. "Are OSHA Health Inspections Effective? A Longitudinal Study in the Manufacturing Sector," The Review of Economics and Statistics, MIT Press, vol. 73(3), pages 504-508, August.
    18. Asensio, Javier & Matas, Anna & Raymond, Jose-Luis, 2003. "Petrol expenditure and redistributive effects of its taxation in Spain," Transportation Research Part A: Policy and Practice, Elsevier, vol. 37(1), pages 49-69, January.
    19. Ryan Edwards, 2013. "The cost of uncertain life span," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(4), pages 1485-1522, October.
    20. Stavins, Robert, 2001. "Lessons From the American Experiment With Market-Based Environmental Policies," RFF Working Paper Series dp-01-53, Resources for the Future.

    More about this item

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:coecpo:v:23:y:2005:i:4:p:555-567. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/weaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.