2012/02/21 by Xiang Bi, Madhu Khanna
Business, Management and Accounting · Economics, Econometrics and Finance · Social Sciences · #Economic and Environmental Valuation #Environmental Justice and Health Disparities #Regulation and Compliance Studies
paper · doi:10.3368/le.88.2.341
crossref issued 2012/02/21 · crossref published 2012/02/21 · crossref published-online 2012/02/21 · openalex publication_date 2012/02/21 · crossref published-print 2012/05/01 · crossref created 2015/07/30 · crossref deposited 2024/09/30 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28 · crossref indexed 2026/07/28
This paper reevaluates the effectiveness of the 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 nonparticipants, but the effect is attenuated when estimated using firm-level participation data. <i>(JEL Q51, Q52)</i>