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

Land Economic, Vol. 88, pp. 341-361, May 2012

49 Pages Posted: 20 Aug 2011 Last revised: 26 Aug 2013

Xiang Bi

University of Florida

Madhu Khanna

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Date Written: March 7, 2011

Abstract

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.

Keywords: 33/50 program, Program evaluation, Toxics release inventory

JEL Classification: Q58, Q53, L60

Suggested Citation

Bi, Xiang and Khanna, Madhu, Re-Assessment of the Impact of Epa’s Voluntary 33/50 Program on Toxic Releases (March 7, 2011). Land Economic, Vol. 88, pp. 341-361, May 2012. Available at SSRN: https://ssrn.com/abstract=1912547

Xiang Bi (Contact Author)

University of Florida ( email )

P.O. Box 110240
Gainesville, FL FL 32611-0240
United States
3522947671 (Phone)

Madhu Khanna

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics ( email )

1301 W. Gregory Drive
Urbana, IL 61801
United States

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