Record Display for the EPA National Library CatalogRECORD NUMBER: 1 OF 1
|Main Title||Economic impact analysis of proposed section 5 notice requirements.|
|Author||Dresser, Robert ; Edwards, James ; Kirk, Joseph ; Fribush, Stuart|
|CORP Author||United States. Environmental Protection Agency. Office of Pesticides and Toxic Substances.; United States. Environmental Protection Agency. Office of Toxic Substances. Economics and Technology Division.|
|Publisher||U.S. Environmental Protection Agency, Office of Pesticides and Toxic Substances,|
|Report Number||EPA-560/12-80-005; EPA-560/12-80-005A; EPA-560/12-80-005B; EPA-68-01-5878|
|Subjects||Chemical industry--Economic aspects--United States. ; Environmental law--Economic aspects--United States.|
|Additional Subjects||Chemicals--Manufacture and industry--Economic aspects--United States ; Environmental law--Economic aspects--United States ; Economic impact ; Environmental surveys ; Regulation ; Chemical industry ; Economic analysis ; International trade ; Manufacturers ; Product development ; Marketing ; Reporting ; International trade ; Toxic Substances Control Act ; Commercialization ; Industrial structure|
|Collation||<1> volumes : illustrations ; 28 cm|
This report presents the analysis of the economic impact of TSCA section 5 rules on the chemical industry. The industry will be impacted when it introduces new chemicals. Of the six distinguishable consequences for the chemical industry, the most important are the nonquantifiable uncertainty consequences. The more unclear EPA's rationale in making section 5 notice decisions, the greater are the uncertainties. There will likely be a short-run drop in the number of new chemicals introducted into commerce as chemical companies shift their innovation activities into 'safe' chemicals. Current data do not allow a quantitative estimate to be made of the rate of chemical introductions, or the extent of the reduction caused by the section 5 notice requirements; and, even if the data were available, it is doubtful that accurate quantitative predictions could be made. Smaller companies will face greater uncertainties and the direct costs will more often be a factor in company decisions. In the long run, this requlation may cause the chemical industry to be composed of a fewer number of larger competitors better able to absorb the direct costs and regulatory uncertainty associated with the requirement.
"Support document"--Cover. "Proposed rule Section 5, Toxic Substances Control Act"--Cover. "Economics and Technology Division, Office of Toxic Substances." "September 1980." Includes bibliographical references. "EPA-560/12-80-005." "Contract no. 68-01-5878."
pt. I. Analysis of the impacts on the chemical industry of proposed section 5 notice requirements -- pt. II. Issue papers.