Showing 1 - 10 of 260
their effectiveness remains elusive. We develop a model of dynamic groundwater extraction to demonstrate how a spatial …
Persistent link: https://www.econbiz.de/10012480212
The Clean Water Act (CWA) significantly improved surface water quality, but at a cost exceeding the estimated benefits. We quantify the effect of the CWA on a direct measure of health and incorporate health benefits into a cost-benefit analysis. Using a difference-in-differences framework, we...
Persistent link: https://www.econbiz.de/10012616600
In the half century since the founding of the U.S. Environmental Protection Agency, public and private U.S. sources have spent nearly $5 trillion ($2017) to provide clean rivers, lakes, and drinking water, or annual spending of 0.8 percent of U.S. GDP in most years. Yet over half of rivers and...
Persistent link: https://www.econbiz.de/10012480024
This study evaluates two interventions for residential water conservation. Comparing households across an enforcement algorithm's cutoff using a regression discontinuity design, we find that automated irrigation violation warnings cause substantial water conservation but also shift some...
Persistent link: https://www.econbiz.de/10012533372
Providing clean water requires maintenance, as well as the initial connections that are typically measured. Frequently, the water supply fails in the developing world, especially when users don't pay the marginal cost of water. This paper uses the timing of frequent, unexpected water service...
Persistent link: https://www.econbiz.de/10012453904
The quality and inequality of US drinking water investments have gained attention after recent environmental disasters in Flint, Michigan, and elsewhere. We compare the formula-based targeting of subsidized loans provided under the Safe Drinking Water Act with the targeting of congressional...
Persistent link: https://www.econbiz.de/10014468258
Many proposed surface water transfers undergo a series of regulatory reviews designed to mitigate hydrological and economic externalities. While these reviews help limit externalities, they impose substantial transaction costs that also limit trade. To promote a well-functioning market for...
Persistent link: https://www.econbiz.de/10014447330
This article presents a sequence of simple and related models to analyze the strategic use of natural resources. Game theory is the natural tool for such an analysis, whether the resource is private or publicly owned, whether it is renewable or exhaustible, whether the game is static or dynamic,...
Persistent link: https://www.econbiz.de/10012460141
The paper provides an integrated framework to assess water markets in terms of their institutional underpinnings and the three 'pillars' of integrated water resource management: economic efficiency, equity and environmental sustainability. This framework can be used: (1) to benchmark different...
Persistent link: https://www.econbiz.de/10012462452
Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as … consequences. This paper provides the first large-scale empirical estimates of how farmers respond to changes in groundwater costs … variation in the price of electricity, a key input into groundwater extraction, we find that farmers are very price responsive …
Persistent link: https://www.econbiz.de/10012510584