In this paper we examine the allocation of environmental regulatory effort across U.S. pulp and paper mills, looking at measures of regulatory activity (inspections and enforcement actions) and levels of air and water pollution from those mills. We combine measures of the marginal benefits of...

The paper reports on a comparative study of direct and indirect approaches to valuing environmental amenities (i.e., public goods), specifically, air quality in terms of its human health effects. The application of three indirect valuation methods (via market goods) is reported here: the health...