3 years ago
in English · 4,905 Views
likes 3clips 0comments 2
Regulation Good for the Economy?
It may be hard to believe, but it also may be true. A new paper* suggests another measure to curb pollution that may have had beneficial long-term economic impacts for individuals. The paper’s authors, Adam Isen, Maya Rossin-Slater and Reed Walker, compared the adult labour-market outcomes of those born in counties in America where air pollution decreased as the result of the 1970 Clean Air Act to those born in areas where pollution did not fall in this period. They found that those who were born in counties that were forced to cut air pollution as a result of the legislation earned more by their thirties than they would have otherwise: gaining approximately $4,300 each in extra income over their lives.
robertr clipped in 1 collections