Re-Assessment of the Impact of Epa's Voluntary 33/50 Program on Toxic Releases

Download or read book Re-Assessment of the Impact of Epa's Voluntary 33/50 Program on Toxic Releases written by Xiang Bi and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper re-evaluates the effectiveness of EPA's voluntary 33/50 program in reducing the releases of 17 high priority toxic chemicals for the 1988-1995 period. Contrary to previous studies that use program participation information at the firm level and find mixed evidence on the effectiveness of the program, our analysis uses participation status at the facility level and shows the importance of undertaking analysis at a disaggregated scale. We find the rate of reduction in releases was significantly higher for program participants than non-participants but the effect is attenuated when estimated using firm level participation data.