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Replication Code and Data for: Escalation of Scrutiny: The Gains from Dynamic Enforcement of Environmental Regulations

Version
V0
Resource Type
Dataset
Creator
  • Blundell, Wesley (Washington State University)
  • Gowrisankaran, Gautam (University of Arizona)
  • Langer, Ashley (University of Arizona)
Publication Date
2020-07-23
Free Keywords
monitoring and compliance; investment; air pollution; dynamic estimation; escalation mechanisms; Clean Air Act
Description
  • Abstract

    Abstract:
    The U.S. Environmental Protection Agency uses a dynamic approach to enforcing air pollution regulations, with repeat offenders subject to high fines and designation as high priority violators (HPV). We estimate the value of dynamic enforcement by developing and estimating a dynamic model of a plant and regulator, where plants decide when to invest in pollution abatement technologies. We use a fixed grid approach to estimate random coefficient specifications. Investment, fines, and HPV designation are costly to most plants. Eliminating dynamic enforcement would raise pollution damages by 164% with constant fines or raise fines by 519% with constant pollution damages.
Temporal Coverage
  • 2007-01-01 / 2013-12-31
    Time Period: Mon Jan 01 00:00:00 EST 2007--Tue Dec 31 00:00:00 EST 2013 (2007-2013 (Q1 2007 to Q3 2013 (plus lags)))
Geographic Coverage
  • United States
Availability
Download
Relations
  • Has version
    DOI: 10.3886/E118564V1
Publications
  • Blundell, Wesley, Gautam Gowrisankaran, and Ashley Langer. “Escalation of Scrutiny: The Gains from Dynamic Enforcement of Environmental Regulations.” American Economic Review, n.d.

Update Metadata: 2020-07-23 | Issue Number: 1 | Registration Date: 2020-07-23

Blundell, Wesley; Gowrisankaran, Gautam; Langer, Ashley (2020): Replication Code and Data for: Escalation of Scrutiny: The Gains from Dynamic Enforcement of Environmental Regulations. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E118564