The Economics of Attribute-Based Regulation: Theory and Evidence from Fuel Economy Standards

The Economics of Attribute-Based Regulation: Theory and Evidence from Fuel Economy Standards
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基于属性的监管的经济学:来自燃油经济性标准的理论和证据

DOI:
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发表时间:
2014
影响因子:
8
通讯作者:
J. Sallee
J. Sallee
中科院分区:
经济学1区
文献类型:
--
作者:
Koichiro Ito;J. Sallee

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摘要我们研究基于属性的法规,根据该法规,企业,产品或个人的合规性取决于次要属性,这不是监管的预期目标。我们发展了一个理论模型的福利后果的属性基础,包括其扭曲成本和潜在的好处。然后,我们量化这些福利后果使用准实验证据从重量为基础的燃油经济性regulations.We使用聚束分析表明,车辆重量增加,以响应监管。我们还利用政策的变化,并开发了一种新的方法来分析双缺口政策的成本和收益进行比较的一个特定的属性为基础的政策。
Abstract We study attribute-based regulations, under which regulatory compliance of a firm, product, or individual depends on a secondary attribute that is not the intended target of the regulation. We develop a theoretical model of the welfare consequences of attribute basing, including its distortionary costs and potential benefits. We then quantify these welfare consequences using quasi-experimental evidence from weight-based fuel economy regulations.We use bunching analysis to showthat vehicle weight increased in response to regulation. We also leverage a policy change and develop a new method for analyzing double-notched policies to compare the costs and benefits of a specific attribute-based policy.
DOI: 10.1093/qje/qjr013
发表时间: 2011-05-01
期刊: The quarterly journal of economics
影响因子: --
作者:
Chetty R;Friedman JN;Olsen T;Pistaferri L
通讯作者: Pistaferri L