This paper studies plant level data on actual and permitted levels of water pollution emissions for the pulp and paper industry. There is widespread and substantial overcompliance with the relevant regulations: aggregate BOD emissions in 1992 were only 50% of the amount allowed. Overcompliance...

An analysis of the demand for air quality in four MSAs in the United States is presented using the American Housing Survey data from 1974-1991, the Decennial U.S. Censuses, and the EPA Aerometric Information Retrieval System. The marginal prices of air quality are obtained from parameter...

This paper combines a new, large household-level data set with the two-stage hedonic- estimation technique to derive new estimates of willingness to pay (WTP) for reduced air pollution. The WTP estimates are found robust against functional-form specification. Marginal WTP estimates for a...

This paper explores the use of fixed effects and maximum likelihood techniques to estimate household responses to water price increases during the California drought. Estimates are based on bimonthly meter readings from 599 single-family households in the Alameda County Water District over the...

This paper studies a market in pollution permits launched in Los Angeles in 1994. This tradable permit market has been projected to lead to substantial cost savings due to the flexibility it provides firms in terms of compliance with environmentarl egulation. This paper shows that transaction...

Findings of inverted-U relationships between income and certain pollutants have generated considerable controversy, yet relatively little is known about the factors underlying these relationships. U. S. emissions of several major air pollutants have begun to decline, mirroring trajectories found...

Environmental externalities resulting from the construction and operation of a number of hydropower plants are now being reexamined. The focus of many recent analyses is on identifying new, often more restrictive, operational regimes which will improve downstream environmental conditions. These...

Evolving environmental laws have expanded the number of agents with legitimate environmental property rights. Injunctive remedies to increasingly contested exchanges affect the value of the right itself, and therefore the behavior of potentialt raders. Recent amendments to New Mexico Water Law...

Growing concerns about the availability of clean water supplies have stimulated increased interest in the management of international waters. This paper uses game theory to assess the potential for cooperative management of an international water body such as the Great Lakes. We demonstrate that...

Hedonic property value models are often used to derive point estimates for identifying the relationship between environmental quality and property prices. The measurement of the environmental quality variable is often selected based on convenience, but variables reflecting different perceptions...