| This
document provides guidance on the preparation of economic analyses
(EAs) in the Innovative Strategies and Economics Group (ISEG)
of the U.S. Environmental Protection Agencys (EPAs)
Office of Air Quality Planning and Standards (OAQPS). It
is written for analysts who conduct these analyses and for other
parties seeking information on their purpose, analytical requirements,
and recommended methods. The current document updates
its predecessor, Analytical Methods Manual (January
1985). The update reflects changes since 1985 in statutory
and administrative requirements for EAs, regulatory procedures
at EPA, and methodological developments relevant to EAs of environmental
regulations. Notable among these changes is the issuance
of Executive Order (EO) 12866Regulatory Planning and Review,
which establishes the foundation for performing EAs of Federal
regulations. |
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| 1 President Clinton issued
EO 12866 on September 30, 1993. EO 12866 is similar in
purpose to, and supersedes, EO 12291 issued by President Reagan
in 1981. Key differences between these EOs are highlighted
in Section 2 of this document. |
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