caa a22 4500 37892477X CHVBK 20180305123614.0 cr unu---uuuuu 161128e20040226xx s 000 0 eng 10.2202/1538-0637.1204 doi (NATIONALLICENCE)gruyter-10.2202/1538-0637.1204 The Unintended Disincentive in the Clean Air Act [Elektronische Daten] [John A. List, Daniel L Millimet, Warren McHone] The Clean Air Act and its subsequent amendments have been lauded as the primary stimulant to the impressive improvement in local air quality in the US since 1970. A key component of these regulations is the New Source Review (NSR) requirement, which includes the contentious stipulation that when an existing plant seeks to modify its operations, the entire plant must comply with current standards for new sources. This requirement was included to improve air quality in dirty areas, and prevent a deterioration of air quality in clean areas. Yet, whether NSR provides the proper plant-level incentives is unclear: there are strong disincentives to undertake major plant modifications to avoid NSR. In our examination of more than 2500 and 2200 plant-level modification decisions and closures, respectively, we find empirical evidence suggesting that NSR retards modification rates, while doing little to hasten the closure of existing dirty plants. ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston environmental regulations nationallicence Clean Air Act nationallicence New Source Review nationallicence propensity score matching nationallicence List John A. University of Maryland, jlist@uchicago.edu aut Millimet Daniel L. Southern Methodist University, millimet@mail.smu.edu aut McHone Warren University of Central Florida, wmchone@bus.ucf.edu aut Advances in Economic Analysis & Policy De Gruyter 3/2(2004-02-26) 3:2 2004 3 bejeap https://doi.org/10.2202/1538-0637.1204 text/html Onlinezugriff via DOI 1 research article jats NATIONALLICENCE 856 40 https://doi.org/10.2202/1538-0637.1204 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- List John A. University of Maryland, jlist@uchicago.edu aut NATIONALLICENCE 700 1- Millimet Daniel L. Southern Methodist University, millimet@mail.smu.edu aut NATIONALLICENCE 700 1- McHone Warren University of Central Florida, wmchone@bus.ucf.edu aut NATIONALLICENCE 773 0- Advances in Economic Analysis & Policy De Gruyter 3/2(2004-02-26) 3:2 2004 3 bejeap CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-gruyter