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The Economic Impact of the Clean Air Act Amendments of 1990

Author

Listed:
  • Dale W. Jorgenson
  • Peter J. Wilcoxen

Abstract

The purpose of this paper is to quantify the economic impact of the Clean Air Act Amendments of 1990. The long-run cost of environmental regulations enacted prior to 1990 amounts to 2.59% of the U.S. national product. The new legislation will reduce the national product by a further 0.6% when the impact is complete. Electric utilities and primary metals industries will be especially hard hit by this legislation.

Suggested Citation

  • Dale W. Jorgenson & Peter J. Wilcoxen, 1993. "The Economic Impact of the Clean Air Act Amendments of 1990," The Energy Journal, , vol. 14(1), pages 159-182, January.
    • Handle: RePEc:sae:enejou:v:14:y:1993:i:1:p:159-182
    DOI: 10.5547/ISSN0195-6574-EJ-Vol14-No1-7
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    Keywords

    Clean Air Act Amendments; US; Regulation; Air pollution; Policy;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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