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The Welfare Effects of Toxic Contamination in Freshwater Fish

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  • Mark Montgomery
  • Michael Needelman

Abstract

Very little study has been made of the welfare cost of toxic contamination in freshwater fish, primarily because appropriate data sets have not been available. This paper estimates the benefits of removing toxic contamination from New York State water bodies by linking the Environmental Protection Agency's Aquatic Based Recreation Survey with water-quality data from the New York Department of Environmental Conservation. Using a repeated discrete choice model of fishing behavior, we find that the elimination of toxic contamination from New York lakes and ponds would generate an annual benefit of about $63 per capita, per season.

Suggested Citation

  • Mark Montgomery & Michael Needelman, 1997. "The Welfare Effects of Toxic Contamination in Freshwater Fish," Land Economics, University of Wisconsin Press, vol. 73(2), pages 211-223.
  • Handle: RePEc:uwp:landec:v:73:y:1997:i:2:p:211-223
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    Cited by:

    1. Jakus, Paul M & Shaw, W Douglass, 2003. "Perceived Hazard and Product Choice: An Application to Recreational Site Choice," Journal of Risk and Uncertainty, Springer, vol. 26(1), pages 77-92, January.
    2. Jakus, Paul M. & Downing, Mark & Bevelimer, Mark S. & Fly, J. Mark, 1997. "Do Sportfish Consumption Advisories Affect Reservoir Anglers' Site Choice?," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 26(2), October.
    3. Cropper, Maureen L., 2000. "Has Economic Research Answered the Needs of Environmental Policy?," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 328-350, May.
    4. Sheila M. Olmstead, 2010. "The Economics of Water Quality," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(1), pages 44-62, Winter.
    5. Krupnick, Alan & McGuinness, Meghan & Jakus, Paul, 2002. "The Benefits and Costs of Fish Consumption Advisories for Mercury," Discussion Papers dp-02-55, Resources For the Future.
    6. Tudor, Lynne G. & Besedin, Elena Y. & Fisher, Michael & Smith, Stuart, 1999. "Economic Analysis Of Environmental Regulations: Application Of The Random Utility Model To Recreational Benefit Assessment For The Mp&M Effluent Guideline," 1999 Annual meeting, August 8-11, Nashville, TN 21630, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Elizabeth Fadali & W. Douglass Shaw, 1998. "Can Recreation Values For A Lake Constitute A Market For Banked Agricultural Water?," Contemporary Economic Policy, Western Economic Association International, vol. 16(4), pages 433-441, October.
    8. Easter, K. William & Konishi, Yoshifumi, 2006. "Estimating Economic Health Costs of Not Controlling Toxic Water Pollution," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25768, International Association of Agricultural Economists.
    9. Larson, Douglas M. & Shaikh, Sabina L., 1999. "Empirical Specification Requirements For Two-Constraint Models Of Recreation Demand," 1999 Annual meeting, August 8-11, Nashville, TN 21629, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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