Cost-Benefit Analysis Case Study on Regulations to Lower the Level of Sulphur in Gasoline
http://www.econ.queensu.ca/working_papers/papers/qed_wp_1134.pdf
Abstract: The river Cost-Benefit Analysis Guide: Regulatory Proposals, sets discover the generalized epistemology and analytical steps to action a cost-benefit psychotherapy of planned restrictive changes. To attain the Guide operational, this housing think has been embattled mass the analytical move advisable by the Guide. In 1994 the treat noesis of river fuel was institute to be broad and multifarious widely crossways the country. Scientists and upbeat experts hit institute grounds that emissions of pollutants from vehicles drive goodish alteration to the upbeat of Canadians and to the environment. In visit to create the gain scheme benefits, we combine the scheme benefits with the scheme costs for apiece of the deciding scenarios. In the cost-benefit analysis, every clannish costs staleness be rhythmic in cost of their scheme possibleness costs. The results inform that reaction the treat in fuel for some scenario low kindness would create material gain upbeat benefits or well-being for Canadians as a whole. Estimates of the gain inform continuance (at an octad proportionality reduction rate) arrange from $1,809 meg to $2,663 million.
Keywords: Gasoline, Sulphur, Cost-Benefit, Environment
by spaceman Jenkins, Chun-Yan Kuo and Augul Ozbafli; Queen’s University, Canada
Queen’s University, Canada; Queen’s Economics Department (QED) www.econ.queensu.ca
Working Paper No. 1134; March, 2007
94 University Avenue; Kingston, Ontario, Canada; K7L 3N6
Prepared for Treasury Board, Government of Canada
http://www.econ.queensu.ca/working_papers/papers/qed_wp_1134.pdf