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...

This paper uses a choice experiment to evaluate the benefits to trekkers of the natural environment and the provision of appropriate recreation experiences in the Uryu-numa Mire, northern Japan. The result, applying a conditional logit model, shows that restoration of the natural environment are...

This paper uses a choice experiment to evaluate the benefits to trekkers of the natural environment and the provision of appropriate recreation experiences in the Uryu-numa Mire, northern Japan. The result, applying a conditional logit model, shows that restoration of the natural environment are...

This study develops a theoretical general equilibrium model to examine optimal externality tax policy in the presence of externalities linked to one another through markets rather than technical production relationships. Analytical results reveal that the second-best externality tax rate may be...

Exchanges of either long term rights (property right transfer) or spot rights (rights rental) to water may result in third party effects that place practical limits on the geographic scope of a water market. The result will be a market with few eligible participants. A "thin" market suffers from...

Some environmental problems transcend national boundaries and pose issues for international as well as domestic policies. The impacts of domestic environmental policy on the welfare of output and input suppliers are evaluated using a partial vertically integrated model. The model includes...

This dissertation examines three themes of efficiency in fisheries economics and management.The first theme is intertemporal efficiency; by examining fishery managementproblems within a stochastic bioeconomic model, the tradeoffs between current and futureconsumption are clear. The second theme...