Record Display for the EPA National Library Catalog

RECORD NUMBER: 256 OF 981

Main Title Economic Impact Analysis of Proposed Section 5 Notice Requirements. Appendix: Volume II.
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-560/12-80-005B;
Stock Number PB81-145906
Additional Subjects Economic impact ; Chemical industry ; Regulations ; Environmental surveys ; Assesssments ; Feasibility ; Economic analysis ; Production ; Commerce ; Sales ; International trade ; Economic factors ; Manufacturers ; Toxic Sustances Control Act ; Industrial structure
Holdings
Library Call Number Additional Info Location Last
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Status
NTIS  PB81-145906 Some EPA libraries have a fiche copy filed under the call number shown. 07/26/2022
Collation 330p
Abstract
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 monquantifiable uncetainty consequences. The most 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 chemical intrroduced 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 requlatory uncertainty associated with the requirements.