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Estimating Water Quality Benefits: Theoretical and Methodological Issues

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  • Ribaudo, Marc
  • Hellerstein, Daniel

Abstract

Knowledge of the benefits and costs to water users is required for a complete assessment of policies to create incentives for water quality improving changes in agricultural production. A number of benefit estimation methods are required to handle the varying nature of water quality effects. This report reviews practical approaches and theoretical foundations for estimating the economic value of changes in water quality to recreation, navigation, reservoirs, municipal water treatment and use, and roadside drainage ditches.

Suggested Citation

  • Ribaudo, Marc & Hellerstein, Daniel, 1992. "Estimating Water Quality Benefits: Theoretical and Methodological Issues," Technical Bulletins 33586, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerstb:33586
    DOI: 10.22004/ag.econ.33586
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    File URL: https://ageconsearch.umn.edu/record/33586/files/tb921808.pdf
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    Citations

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    Cited by:

    1. Irina Klytchnikova & Michael Lokshin, 2009. "Measuring Welfare Gains from Better Quality Infrastructure," Journal of Infrastructure Development, India Development Foundation, vol. 1(2), pages 87-109, December.
    2. Cooper, Joseph C., 1995. "The Application of Nonmarket Valuation Techniques to Agricultural Issues," Staff Reports 333359, United States Department of Agriculture, Economic Research Service.
    3. Crutchfield, Stephen R. & Cooper, Joseph C. & Hellerstein, Daniel, 1997. "Benefits of Safer Drinking Water: The Value of Nitrate Reduction," Agricultural Economic Reports 34025, United States Department of Agriculture, Economic Research Service.
    4. Hansen, LeRoy & Ribaudo, Marc, 2008. "Economic Measures of Soil Conservation Benefits: Regional Values for Policy Assessment," Technical Bulletins 184312, United States Department of Agriculture, Economic Research Service.
    5. Swinton, Scott M., 2004. "Assessing Economic Impacts Of Natural Resource Management Using Economic Surplus," Staff Paper Series 11668, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    6. Jason F. Shogren & Tommy Stamland, 2005. "Self-Protection and Value of Statistical Life Estimation," Land Economics, University of Wisconsin Press, vol. 81(1).
    7. Atwood, Jay D. & Knight, Lynn & Cattaneo, Andrea & Smith, Peter F., 2003. "Benefit Cost Analysis Of The 2002 Eqip Farm Bill Provisions," 2003 Annual meeting, July 27-30, Montreal, Canada 21992, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Feather, Peter & Hellerstein, Daniel & Hansen, LeRoy T., 1999. "Economic Valuation of Environmental Benefits and the Targeting of Conservation Programs: The Case of the CRP," Agricultural Economic Reports 34027, United States Department of Agriculture, Economic Research Service.
    9. LeRoy Hansen & Daniel Hellerstein, 2007. "The Value of the Reservoir Services Gained with Soil Conservation," Land Economics, University of Wisconsin Press, vol. 83(3), pages 285-301.

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    Keywords

    Resource /Energy Economics and Policy;

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