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Estimates of the Welfare Income Effects of Flood Prevention for Commercial and Industrial Property

Author

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  • Kimball, Norman D.

Abstract

This study is based on the premise that the utility of additional monetary income is inversely proportional to the progressive Federal income tax structure. Selected beneficiaries of a case study small watershed project in a commercial and industrial area were identified, and their incomes were estimated. Since they had greater than average incomes, the welfare effects of program benefits are estimated to be less than calculated monetary benefits.

Suggested Citation

  • Kimball, Norman D., 1976. "Estimates of the Welfare Income Effects of Flood Prevention for Commercial and Industrial Property," Miscellaneous Publications 329644, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:329644
    DOI: 10.22004/ag.econ.329644
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