EPA Regulation and Relative Food Cost

23 Pages Posted: 28 Jul 2017 Last revised: 24 Feb 2018

Date Written: February 11, 2018

Abstract

Cost-benefit analysis of agri-environmental regulation is limited in the sense that it only examines the effects a single regulation will have on the public and polluters. Further, important mechanisms through which the public might bear part of the cost of regulation are not examined. This paper uses new data that allows for examination of regulation by a specific government agency on a specific industry to determine whether and to what extent relative food costs are affected by regulation of agriculture by the Environmental Protection Agency (EPA). The index allows for an examination of the overall effect of regulation, which is an important addition to the existing literature. Findings indicate that the costs of EPA regulation have not been borne solely by producers and that relative food costs would be lower now if EPA regulation had not increased over time.

Keywords: Food Cost, Environmental Regulation, Agricultural Regulation

JEL Classification: L51, Q11, Q58

Suggested Citation

Russell, Levi, EPA Regulation and Relative Food Cost (February 11, 2018). Available at SSRN: https://ssrn.com/abstract=3009444 or http://dx.doi.org/10.2139/ssrn.3009444

Levi Russell (Contact Author)

Ottawa University ( email )

Ottawa, KS 66067
United States

HOME PAGE: http://www.levirussell.com

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