Use of economic evaluation tools in environmental policymaking, with a focus on implications for children

Pascale Scapecchi ()

Departmental Working Papers from Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano

Abstract: This paper focuses on the practical use of cost-benefit analysis (or, more generally, of monetary valuation and other decision-making tools) in environmental policymaking. Based on a questionnaire sent to Environmental Ministries of OECD member countries, a review of the use of such analysis in environmental policymaking is presented. Then, the discussion considers the specific case of children’s environmental health, as recent epidemiological studies have highlighted the particular vulnerability of children to environmental pollution. Indeed, most of environmental policies currently in place are based upon information related to adult populations and not accounting for risk differences between adults and children. Such a lack of consideration of the specific case of children may lead to inefficient policies, and important loss in social welfare. In light of these findings, a review of actual environmental legislation shows whether impacts of environmental degradation specifically on children’s health are taken into account in policymaking and if so, how this is done. Concluding remarks close the paper

Keywords: decision making; cost-benefit analysis; environmental policy; valuation; environmental regulation; children’s health (search for similar items in EconPapers)
JEL-codes: D61 D62 D64 H43 I18 Q51 (search for similar items in EconPapers)
Date: 2006-10-13
New Economics Papers: this item is included in nep-agr, nep-ene and nep-env
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