Economic Analysis Of Environmental Regulations: Application Of The Random Utility Model To Recreational Benefit Assessment For The Mp&M Effluent Guideline
The present study focuses on a state-wide case study to evaluate recreational benefits from forthcoming effluent limitation guidelines for the Metal Products and Machinery Industry. The study combines water quality modeling and a random utility model to assess how changes in water quality from the regulation will affect consumer valuation of water resources. Based on preliminary results, the MP&M regulation has the potential to generate substantial recreational benefits in Ohio.
|Date of creation:||1999|
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