Concerns about nutrient pollution in the Chesapeake Bay have led to the establishment of pollution limits — total maximum daily loads (TMDLs) — which, by 2025, are expected to reduce nitrogen loadings to the Bay by 25 percent and phosphorous loadings by 24 percent from current levels. This...

As vessel traffic in the Baltic increases, in particular oil transports from Russia to the international market, so too does the risk of oil spills which above the environmental impacts impose costs on society including direct costs, market costs and non-market costs (e.g., losses in welfare...

There is no abstract for this book chapter. It outlines one of the commonly used methods of valuing environmental improvements, discussing the implicit assumptions about perceptions that are embedded in this approach

There is no abstract for this book chapter, however it describes how the hedonic method is used to infer the value of a statistical life as well as environmental and other amenities. The emphasis is upon the policy implications of employing this approach, since many others have summarized the...

We present an analysis of the barriers and opportunities for incorporating air quality co-benefits into climate policy assessments. It is well known that many strategies to reduce greenhouse gas emissions also decrease emissions of health-damaging air pollutants and precursor species, including...

Individuals who are likely to realize the largest benefits from improvements in air quality often depend on other members of their households to make time or monetary contributions to their care. The presence of these dependency relationships among household members poses challenges for benefit...

Hedonic property value models are often used to place a value on localized amenities and disamenities. In practice, however, results may be affected by (i) omitted variable bias and (ii) whether homebuyers and sellers are aware of, and respond to, the assumed environmental measure. In this paper...

Interesting problems for the studies of the Anthropocene are the analysis of effects of the predominant impact of human activities on ecosystems and population. This study considers the technological change as the human activity that generates a huge impact on ecosystems and also causes...

Measuring environmental regulation’s effect on firm competitiveness is central to designing optimal policies. Existing studies document significant negative effects of air pollution regulations on manufacturing competitiveness as measured by total factor productivity (TFP). A separate...

We study how air pollution impacts the U.S. labor market by analyzing effects of drifting wildfire smoke that can affect populations far from the fires themselves. We link satellite smoke plume with labor market outcomes to estimate that an additional day of smoke exposure reduces quarterly...