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In this study, we empirically examine the effectiveness of regulatory actions on wastewater treatment plants in Illinois with careful attention to endogeneity issues that might have caused biased estimates in previous studies. We show that Pooled OLS and Fixed Effect models, which are the...
Persistent link: https://www.econbiz.de/10010881078
The implementation of effective resource management policies critically depends on accurate estimates of the price elasticity of resource demand. In the case of groundwater, previous research estimating well-level groundwater demand has largely ignored the importance of well yield, which is a...
Persistent link: https://www.econbiz.de/10013232820
A dynamic programming algorithm is proposed for a class of nonpoint source pollution control problems. The inherently combinatorial nature of these problems--stemming from the discrete nature of the decision variables, which are production and conservation practices--gives them a special...
Persistent link: https://www.econbiz.de/10005786445
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