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A simultaneous model of house values, cancer mortality and total releases is simultaneously estimated to study effects of environmental health risks. Health risks include county level total releases, number of Superfund sites and cancer mortality in Southeastern U.S. Benefits of superfund...
Persistent link: https://www.econbiz.de/10005500409
We employ a combination of survey design and econometric techniques to explore ways to deal with health concerns in restoration projects where environmental injuries are severe. We use data from a referendum contingent valuation survey for a natural resource restoration project to demonstrate...
Persistent link: https://www.econbiz.de/10005494112
A database is used that combines survey and housing variables to compare stated willingness to pay (WTP) to revealed WTP to avoid living in proximity to a land -ll. The results suggest that stated WTP is closer to that predicted by the hedonic for knowledgeable homebuyers than for ignorant...
Persistent link: https://www.econbiz.de/10005468467
Estimating non-market value on a site-by-site basis is a costly and time-consuming task. Benefits transfer is an alternative approach. We attempt to assess the bias and reliability of predicted value from the benefit transfer approach, using the U.S. Fish and Wildlife Services' National Survey...
Persistent link: https://www.econbiz.de/10004989313
Fertilizer consumption per cubic meter of freshwater is taken as a proxy for global water quality indicator. A global model of environmental quality for 121 countries confirms the Kuznet's hypothesis. Global turning point is reached at nearly five times the average income of all countries....
Persistent link: https://www.econbiz.de/10005330766
Point-nonpoint trading markets must accommodate the problem of monitoring individual nonpoint source discharges (NPS). A permit trading market that allows the regulator to monitor noncompliance based on observable aggregate NPS pollution levels, through the use of a collective enforcement...
Persistent link: https://www.econbiz.de/10005536703
Pollution from nonpoint sources (NPS), and agriculture in particular, remains as one of the largest sources of water quality impairments in the United States. As is well known in the literature, there are many difficulties with designing regulations for reducing nonpoint source pollution (i.e.,...
Persistent link: https://www.econbiz.de/10005493619
Collective performance-based trading can be achieved by pairing a team contract with an auction to determine team membership. The auction effectively overcomes adverse selection, and the team contract reduces the incentive to "free-ride" associated with moral hazard in teams.
Persistent link: https://www.econbiz.de/10005493621
Persistent link: https://www.econbiz.de/10010880895
We develop a dynamic forest sector in a Computable General Equilibrium model. There has been an increasing demand in using general equilibrium models to examine forests' role in climate change mitigation, global land competition and the energy sector. But modeling forestry sector in a general...
Persistent link: https://www.econbiz.de/10010881020