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The Benefits and Costs of Automotive Regulations for Low-Income Americans

Bibliographic Data

ID13037204
AuthorsKylie Conrad (Indiana University Bloomington, corresponding author), John D Graham (0009-0007-4207-5800, Indiana University Bloomington)
Year2021
Volume12
Issue3
Pages518-549
Publication date2021-01-01
Open AccessYes
TypeARTICLE
VenueJournal of Benefit-Cost Analysis (JOURNAL)
Journal identifiersISSN: 2152-2812 • E-ISSN: 2194-5888
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/bca.2021.12
OpenAlexW3211696118
LanguageEN
References cited59

Benefit-cost analyses of regulations address Kaldor-Hicks efficiency but rarely investigate the distribution of benefits and costs as experienced by low-income households. In order to fill this gap, this article assembles the available evidence to determine how regulations of the automobile industry may impact the well-being of low-income Americans. The scope of the investigation includes air pollution, safety and fuel-economy regulations. We find that performing benefit-cost analyses for low-income households is more challenging than commonly understood. Given the difficulties in completing distributional analysis with available information, the authors offer practical suggestions on how to change the federal data systems and the rulemaking process to ensure that information is collected about how future automobile regulations impact the well-being of the poor

Automotive industry · Business · Cost–benefit analysis · Distribution (mathematics · Economics · Order (exchange · Political science · Process (computing · Public economics · Risk analysis (engineering · Rulemaking · Scope (computer science · Computer Science · Economic and Environmental Valuation · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Engineering · Finance

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