Measuring the Benefits of Water Pollution Abatement

Measuring the Benefits of Water Pollution Abatement shows the aspects of benefit calculations in the context of water pollution control.
The main purpose of this book is to show what kinds of data are needed or valuable in adequate benefit estimates, how to use the data, and how to improvise in their absence. Topics covered include the basic theory of welfare economics and cost-benefit analysis; practical techniques on how to estimate benefits of water pollution abatement; and empirical studies that illustrate the estimation techniques with real data.

Environmentalists, economists, project managers, and project engineers will find the text interesting and informative.

Inhalt

Preface
1 Introduction

1. Scope and Background
2. Discharges and Ambient Environmental Quality
3. The Dimensions of Ambient Water Quality
4. Effects of Ambient Water Quality on Human Welfare
   2 Welfare Economics and the Basis of Benefit Measurement
5. The Nature of Welfare Economics
6. Basic Welfare Analysis
7. Market Failure and Government Intervention to Ensure Market Efficiency
8. Benefit Measures for Public Goods
   3 Economic Theory of Benefit Measurement
9. Introduction
10. Marginal Conditions for Public Good Provision
11. Basic Benefit Concepts
12. Consumer Surplus as an Approximation
13. Some Special Problems
14. Conclusions
    Appendix: Option Value
    4 Measurement of Instream Water Quality Benefits
15. Introduction
16. A Survey of Empirical Techniques of Instream Water Quality Benefit Estimates
17. Weak Complementarity and the Travel Cost Approach to Benefit Estimation
18. Hedonic Prices and Land Values
    5 Estimating Public Goods Demands and Demand Interdependency
19. Introduction
20. Definition of the Demand for Public Goods
21. Weak Complementarity
22. Derivation of the Theorem
23. Example
24. Use of Market Data
25. Weak Substitutability
26. The Hedonic Price Equation
27. The Theorem with Compensated Demand Functions
28. Multiple Private Goods
29. Conclusions
    6 Measurement of Withdrawal Benefits
30. Introduction
31. Withdrawal Benefits and Cost Functions
32. Withdrawal Benefits and Input Demand Equations
33. Empirical Studies of Withdrawal Benefits
    Appendix: Firms' Demand for a Public Good
    7 Empirical Studies of Instream Benefits
34. Introduction
35. Statistical Specification in Travel Cost Studies
36. A Logit Model and Its Estimation
37. A Property Value Study
38. An Aggregate Tobit Model
    Appendix 1
    Appendix 2
    8 An Empirical Study of Withdrawal Benefits
39. Introduction
40. Comments on Recent Health Effects Studies
41. A New Study Using EPA Data
42. Comments on Studies of Industrial Benefits of Pollution Abatement
    9 Estimates of National Benefits of Water Pollution Abatement
43. Introduction
44. A Critical Evaluation of Techniques of Benefit Estimation
45. Revised DRPA Estimates of National Recreational Benefits
46. Swimming Benefit Estimates Based on the Boston Data
47. Concluding Remarks on National Benefits
    10 Conclusions
48. Introduction
49. Basic Welfare and Benefit-Cost Theory
50. Measurement of Benefits from Water Pollution Abatement
51. Empirical Studies of Benefits from Water Pollution Control
    References
    Index