Application of benefit-cost analysis (BCA) to evaluate environmental regulations

Ying Xu; H. W.Chan Edwin; Queena K. Qian

Application of benefit-cost analysis (BCA) to evaluate environmental regulations

Ying Xu, H. W.Chan Edwin, Queena K. Qian

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

Abstract

Based on extensive review of the literature, this paper tries to generalize the application of BCA in environmental regulations. Specifically, this study talks about the practice of Benefit-cost analysis (BCA) in governments of such developed countries as USA, UK and EU, steps to conduct BCA in policy-making, strengths and limitations of its application in policy area. Evaluation of non-market impacts and social discount rate, are thoroughly discussed. Some suggestions are summarized for better application of BCA in regulatory choice.

Original language	English
Title of host publication	Proceedings of the 16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011
Editors	Liyin Shen, Maozeng Xu, Yong Fang
Publisher	Hong Kong Polytechnic University
Pages	135-141
Number of pages	7
ISBN (Electronic)	9789623677219
Publication status	Published - 1 Jan 2011
Externally published	Yes
Event	16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011 - Chongqing, China Duration: 23 Sep 2011 → 25 Sep 2011

Conference

Conference	16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011
Country/Territory	China
City	Chongqing
Period	23/09/11 → 25/09/11

Keywords

Benefit-cost analysis (BCA)
Environment
Evaluation
Regulations

Cite this

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title = "Application of benefit-cost analysis (BCA) to evaluate environmental regulations",

abstract = "Based on extensive review of the literature, this paper tries to generalize the application of BCA in environmental regulations. Specifically, this study talks about the practice of Benefit-cost analysis (BCA) in governments of such developed countries as USA, UK and EU, steps to conduct BCA in policy-making, strengths and limitations of its application in policy area. Evaluation of non-market impacts and social discount rate, are thoroughly discussed. Some suggestions are summarized for better application of BCA in regulatory choice.",

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author = "Ying Xu and Edwin, {H. W.Chan} and Qian, {Queena K.}",

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booktitle = "Proceedings of the 16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011",

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Xu, Y, Edwin, HWC & Qian, QK 2011, Application of benefit-cost analysis (BCA) to evaluate environmental regulations. in L Shen, M Xu & Y Fang (eds), Proceedings of the 16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011. Hong Kong Polytechnic University, pp. 135-141, 16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011, Chongqing, China, 23/09/11.

Application of benefit-cost analysis (BCA) to evaluate environmental regulations. / Xu, Ying; Edwin, H. W.Chan; Qian, Queena K.

Proceedings of the 16th International Symposium on Advancement of Construction Management and Real Estate, CRIOCM 2011. ed. / Liyin Shen; Maozeng Xu; Yong Fang. Hong Kong Polytechnic University, 2011. p. 135-141.

Research output: Chapter in Book/Conference proceedings/Edited volume › Conference contribution › Scientific › peer-review

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AB - Based on extensive review of the literature, this paper tries to generalize the application of BCA in environmental regulations. Specifically, this study talks about the practice of Benefit-cost analysis (BCA) in governments of such developed countries as USA, UK and EU, steps to conduct BCA in policy-making, strengths and limitations of its application in policy area. Evaluation of non-market impacts and social discount rate, are thoroughly discussed. Some suggestions are summarized for better application of BCA in regulatory choice.

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Application of benefit-cost analysis (BCA) to evaluate environmental regulations

Abstract

Conference

Keywords

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