Trends in Aggregate Vehicle Emissions: Do We Need To Emissions Test?
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Vehicle emissions are falling. As the oldest vehicles in the fleet are scrapped and are replaced by cleaner vehicles, aggregate emissions decline. Given this trend, must costly used car regulation continue? The Clean Air Act of 1990 requires more stringent used car test... View more
3Several studies have quantified the costs of environmental regulation (Hazilla and Kopp 1990, Jorgenson and Wilcoxen 1990, Gruenspecht 1982, White 1982, Nelson, Tietenberg and Donihue 1993).
6For more on the IM240 see McConnell and Harrington 1992 and the U.S General Accounting Office 1992.
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