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Environmental Regulatory Reform and the Unholy Trinity: Unfunded Mandates, Risk Assessment, and Property Rights

Published online by Cambridge University Press:  28 April 2015

Craig L. Infanger
Craig L. Infanger*
Affiliation:
Department of Agricultural Economics, University of Kentucky
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Abstract

Major regulatory reform issues which involve environmental policy include issues of unfunded mandates, risk assessment, and property rights. Each of these proposed reforms involves major changes in environmental policies with impacts on different groups. Property rights is the core issue in Congress and state legislatures, with both regulatory takings and just compensation being the major parameters. Economists can participate effectively in this policy debate with successful research and education programs addressing the divisive issues.

Keywords

environmental regulatory reformproperty rightsrisk assessment
Type
Invited Paper Sessions
Information
Journal of Agricultural and Applied Economics , Volume 28 , Issue 1 , July 1996 , pp. 108 - 116
Copyright
Copyright © Southern Agricultural Economics Association 1996

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