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Understanding the Costs of Environmental Regulation in Europe (Hardcover)
Loot Price: R3,291
Discovery Miles 32 910
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Understanding the Costs of Environmental Regulation in Europe (Hardcover)
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Government regulation is necessary to the economic life of all
developed countries. However the costs of regulation, in particular
the cost estimates employed in the policy-making process, are often
hotly debated. Drawing on recent case studies from Europe, this
innovative and thoroughly accessible book examines the accuracy of
regulatory cost estimates and explores in detail how these costs
are calculated, the apparent relationship between ex post and ex
ante calculations and why this might be.This is an objective
contribution to a debate often characterised by polemic and
unfounded claims. With a firm empirical basis, a wide range of case
studies are presented to test theories of cost estimation which
cover a diverse range of regulation in the areas of air quality and
energy, industrial processes and products and agriculture and food.
It will be of great interest to academics and researchers of the
economics of environmental regulation and public policy. Practical
suggestions for improving the accuracy of regulatory cost estimates
will be of interest to a variety of economists grappling with
regulatory and other impact assessments. The rationale for
regulation, outlined in the book, provides a knowledge of the ideas
that underpin regulation that will help non-economists (for example
from regulated industries and NGOs) to engage in the wider debate
about environmental regulation.
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