GRESHAM'S LAW: THE REGULATORY ANALOGY
The authors argue that delegation of discretion over environmental regulation to the states may trigger a process analogous to Gresham's Law in which lax regulation in one state drives out stringent regulation in neighboring states. This devolution to regulatory laxity is illustrated by the lax pesticide regulations in five Midwestern "agricultural" states. Questions are raised about the effects of the Reagan Administration's commitment to reduce the stringency of federal environmental regulations and delegate more regulatory discretion to the states. Copyright 1982 by The Policy Studies Organization.
Year of publication: |
1982
|
---|---|
Authors: | Rowland, C. K. ; Marz, Roger |
Published in: |
Review of Policy Research. - Policy Studies Organization - IPSO, ISSN 1541-1338. - Vol. 1.1982, 3, p. 572-580
|
Publisher: |
Policy Studies Organization - IPSO |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Marz, Roger, (1973)
-
Decentralization of agriculture
Rowland, C. K., (1982)
-
Environmental regulation and economic development : the movement of chemical production among states
Rowland, C. K., (1991)
- More ...