Assessing the Rationale for the U.S. EPA’s Proposed “Strengthening Transparency In Regulatory Science” Rule
Madison E. Condon,
Michael A. Livermore and
Jeffrey Shrader
Review of Environmental Economics and Policy, 2020, vol. 14, issue 1, 131 - 135
Abstract:
The U.S. Environmental Protection Agency (EPA) is considering a new policy that would prohibit the agency from issuing regulations that rely on studies whose underlying data are not publicly available. While the EPA claims it is pursuing this policy in the interest of transparency, we argue that such a prohibition would greatly hinder, rather than help, the rulemaking process and would likely result in undesirable regulatory outcomes that fail to maximize economic welfare. This policy brief argues that a good faith effort to encourage data availability should focus on forward-looking incentives for transparency rather than the exclusion of a whole class of studies, and that weighting older studies based on their evidentiary value is preferable to removing valuable information from agency consideration.
Date: 2020
References: Add references at CitEc
Citations:
Downloads: (external link)
http://dx.doi.org/10.1093/reep/rez017 (application/pdf)
http://dx.doi.org/10.1093/reep/rez017 (text/html)
Access to the online full text or PDF requires a subscription.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ucp:renvpo:doi:10.1093/reep/rez017
Access Statistics for this article
More articles in Review of Environmental Economics and Policy from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().