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Marine Resource Economics >
Volume 06, Number 1, 1989 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/48498
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| Title: | Measuring the Benefits of Improvements in Water Quality: The Chesapeake Bay |
| Authors: | Bockstael, Nancy E.
McConnell, Kenneth E.
Strand, Ivar E., Jr. |
| Issue Date: | 1989 |
| Series/Report no.: | Marine Resource Economics
Vol. 6 No. 1 |
| Abstract: | Federal, state, and local government agencies have joined forces in the
ambitious and expensive task of improving the water quality of the Chesapeake Bay.
Clean-up efforts will be devoted to three major problems: nutrient over enrichment,
toxic substances, and the decline of submerged aquatic vegetation. Although the
beneficiaries are ultimately human, criteria for judging the Bay's water quality have
been primarily biological and physical. This paper addresses the question of the human values from the Bay. How do people use the Bay and how much are they willing to pay for the changes in water quality that improve their use? With a variety of methods and data sources, we estimate the annual aggregate willingness to pay for a moderate improvement in the Chesapeake Bay's water quality to be in the range of $10 to $100 million in 1984 dollars. |
| URI: | http://purl.umn.edu/48498 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 06, Number 1, 1989 |
| Total Pages: | 18 |
| From Page: | 1 |
| To Page: | 18 |
| Collections: | Volume 06, Number 1, 1989
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| 8175807.pdf | | 1027Kb | PDF | View/Open |
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