Benefit-Cost Analysis in EU Chemicals Legislation: Experiences from over 100 REACH Applications for Authorisation
| Autor: | Christoph M. Rheinberger, Stavros Georgiou, Matti Vainio |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Economics and Econometrics
Public Administration Sociology and Political Science Cost–benefit analysis Public economics Impact assessment business.industry 05 social sciences Authorization Legislation Regulatory Impact Analysis Hazardous waste 0502 economics and business Relevance (law) 050202 agricultural economics & policy Business 050207 economics Risk management |
| Zdroj: | Journal of Benefit-Cost Analysis. 9:181-204 |
| ISSN: | 2152-2812 2194-5888 |
| DOI: | 10.1017/bca.2018.10 |
| Popis: | In this paper we review the benefit-cost analyses (BCAs) made to support applications for authorisations under the EU’s REACH Regulation on hazardous chemicals. Experiences from over 100 cases suggest that there are a number of informational and methodological challenges to overcome in these BCAs. In particular, we find that many REACH applicants have had problems explaining the societal relevance of the regulatory impacts expected to affect them and other market actors. Adapting the framework for regulatory impact assessment proposed by Dudley et al. [(2017). Consumer’s Guide to Regulatory Impact Analysis: Ten Tips for Being an Informed Policymaker. Journal of Benefit-Cost Analysis, 8, 187–204], we discuss these impacts from a welfare economics perspective and make suggestions on how to improve current practices in BCA applied to chemicals risk management. From this discussion we then distill a number of topics that deserve more attention in applied BCAs under the REACH Regulation. |
| Databáze: | OpenAIRE |
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