Record Display for the EPA National Library Catalog


Main Title Economic Impact Analysis of Proposed Section 5 Notice Requirements. Appendix: Volume I.
Author Dresser, Robert ; Edwards, James ; Kirk, Joseph ; Fribush, Stuart ;
CORP Author ICF, Inc., Washington, DC.;Environmental Protection Agency, Washington, DC. Office of Pesticides and Toxic Substances.
Year Published 1980
Report Number EPA-68-01-5878; EPA-560/12-80-005A;
Stock Number PB81-145898
Additional Subjects Economic impact ; Chemical industry ; Regulations ; Environmental surveys ; Cost estimates ; Assessments ; Feasibility ; Economic analysis ; Discounted cash flow ; Return on investment ; Exports ; Imports ; Toxic Substances Control Act ; Industrial structure
Library Call Number Additional Info Location Last
NTIS  PB81-145898 Some EPA libraries have a fiche copy filed under the call number shown. 07/26/2022
Collation 169p
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 decision, the greater are the uncertainties. There will likely be a short-run drop in the number of new chemicals introduced 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 regulation 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 requirements.