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  _subroutines 09/20/2023 10:42:AM
0_1_import_di_prep.R text/x-rsrc 1 KB 09/20/2023 06:42:AM
0_2_intersect_raw_pollution_with_blocks.m text/x-objcsrc 345 bytes 09/08/2023 08:43:AM
0_3_import_pollution.do text/plain 6.8 KB 06/15/2023 08:02:AM
0_main.do text/plain 2.5 KB 09/08/2023 09:13:AM
1_import_and_prepare_data.do text/plain 10.9 KB 01/03/2024 11:52:PM
2a_Figures.do text/plain 59.3 KB 09/18/2023 02:53:AM
2b_Tables_Fig7.do text/plain 131.9 KB 09/18/2023 02:57:AM
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Project Description

Summary:  View help for Summary We assess the US Clean Air Act standards for fine particulate matter (PM2.5). Using high-resolution data, we find that the 2005 regulation reduced PM2.5 levels by  0.4μg/m^3 over five years, with larger effects in more polluted areas. Standard difference-in-differences overstates these effects by a factor of three because time trends differ by baseline pollution, a bias we overcome with three alternative approaches. We show that the regulation contributed to narrowing Urban-Rural and Black-White PM2.5 exposure disparities, but less than difference-in-differences suggest. Pollution damages capitalized into house prices, on the other hand, appear larger than previously thought when leveraging regulatory variation.

Scope of Project

JEL Classification:  View help for JEL Classification
      Q52 Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
      Q53 Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
      Q58 Environmental Economics: Government Policy
Geographic Coverage:  View help for Geographic Coverage United States


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