Work

Economic Analysis of Environmental Regulations: Application of the Random Utility Model to Recreational Benefit Assessment for the Mp&m Effluent Guideline

Year: 1999

Type: article

Abstract: The present study focuses on a state-wide case study to evaluate recreational benefits from forthcoming effluent limitation guidelines for the Metal Products and Machinery Industry. The study combines water quality modeling and a random utility model to assess how changes in water quality from the regulation will affect consumer valuation of water resources. Based on preliminary results, the MP&M regulation has the potential to generate substantial recreational benefits in Ohio .

Source: AgEcon Search (University of Minnesota, USA)

DOI: 10.22004/ag.econ.271487

Authors: Tudor, Lynne G., Besedin, Elena, Fisher, Michael, Smith, Stuart

Language: English

Topic: Economic and Environmental Valuation

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Clean water and sanitation

Open Access status: green

OpenAlex ID: W1551373530

FWCI:

Cites:

Cited by: 1

Related to: 10