Oil Pollution Prevention and Enforcement Measures and Their Effectiveness: A Survey of Empirical Research

27 Pages Posted: 7 Aug 2006

See all articles by Mark A. Cohen

Mark A. Cohen

Vanderbilt University - Strategy and Business Economics; Vanderbilt University - Law School; Resources for the Future

Date Written: July 2004

Abstract

This paper reviews the empirical research on the effectiveness of oil pollution prevention and enforcement measures in the United States. I consider both "prevention" or "monitoring" activities such as government inspections, and "enforcement" activities such as sanctions, remedial actions, and other mechanisms designed to punish and/or bring a firm into compliance to reduce the frequency and/or size of spills. Over the past 20 years, there have been a series of independent studies by academic researchers analyzing Coast Guard and oil spill data with the goal of determining the effectiveness of alternative monitoring, enforcement and penalty policies. While the overwhelming finding from these studies is that enforcement efforts reduce oil spills, questions abound about the proper mix of enforcement techniques and whether the costs of more enforcement would exceed the benefits.

Keywords: oil spills, enforcement, environmental regulation, monitoring

JEL Classification: D62, H41, Q58

Suggested Citation

Cohen, Mark A., Oil Pollution Prevention and Enforcement Measures and Their Effectiveness: A Survey of Empirical Research (July 2004). Available at SSRN: https://ssrn.com/abstract=922492 or http://dx.doi.org/10.2139/ssrn.922492

Mark A. Cohen (Contact Author)

Vanderbilt University - Strategy and Business Economics ( email )

Nashville, TN 37203
United States
615-322-0533 (Phone)

HOME PAGE: http://https://business.vanderbilt.edu/bio/mark-cohen/

Vanderbilt University - Law School

131 21st Avenue South
Nashville, TN 37203-1181
United States

Resources for the Future ( email )

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202-328-5000 (Phone)

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