What Drives Participation in State Voluntary Cleanup Programs? Evidence from Oregon
Allen Blackman,
Sarah Darley,
Thomas Lyon () and
Kris Wernstedt ()
Land Economics, 2010, vol. 86, issue 4
Abstract:
Virtually all U.S. states have now created voluntary cleanup programs (VCPs), offering liability relief and other incentives for responsible parties to remediate contaminated sites. We use a multinomial probit model to analyze participation in Oregon’s two VCPs. In contrast to previous VCP research, we find that these programs attract sites with significant contamination, not just clean ones. Furthermore, we find that regulatory pressure—in particular, the public listing of contaminated sites—drives participation. These findings imply Oregon has been able to spur voluntary remediation via public disclosure, a result that comports with themes in the literature on voluntary environmental regulation.
JEL-codes: Q53 Q58 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:86:y:2010:iv:1:p:785-799
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