Does Environmental Policy Affect Income Inequality? Evidence from the Clean Air Act
| Autor: | Peter Hans Matthews, Nicholas Z. Muller, Akshaya Jha |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Pollution
Inequality business.industry Natural resource economics media_common.quotation_subject Air pollution Distribution (economics) General Medicine Adjusted gross income medicine.disease_cause National Ambient Air Quality Standards Economic inequality medicine Economics Clean Air Act business media_common |
| Zdroj: | AEA Papers and Proceedings. 109:271-276 |
| ISSN: | 2574-0776 2574-0768 |
| Popis: | This paper quantifies the impact of environmental policy on income inequality. We focus on the Clean Air act and the National Ambient Air Quality standards for fine particulate matter and ozone. Using a matched difference-in-differences estimator, we find evidence that both standards increased inequality in market income and a measure of income that deducts per-capita air pollution damage from adjusted gross income. While pollution standards can reduce pollution levels and thus result in significant environmental benefits in aggregate, our findings suggest that these standards appear to distort the distribution of economic resources in complex, and at times unfortunate, ways. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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