The Benefits and Costs of Fish Consumption Advisories for Mercury
Mercury contamination of the Chesapeake Bay is a concern to health authorities in the region. We evaluate the economic and health effects of postulated recreational and commercial fishing advisories for striped bass on the Maryland portion of the bay. Awareness of and response to the advisory is estimated using a meta-analysis of the literature. Three values are estimated: welfare losses to recreational anglers, welfare losses in the commercial striped bass fishery, and health benefits. An estimate of percentage of consumer surplus loss is applied to the value of all fishing days in the bay to estimate recreational welfare loss. Welfare losses to the commercial fishery are estimated based on a model of supply and demand. Health benefits are estimated using estimated exposure and epidemiological relationships, and while potentially large, are highly uncertain. Results also suggest most individuals are below advisory standards ex ante, such that advisories should target high-frequency consumers.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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.
- Joshua D. Angrist & Kathryn Graddy & Guido W. Imbens, 2000. "The Interpretation of Instrumental Variables Estimators in Simultaneous Equations Models with an Application to the Demand for Fish," Review of Economic Studies, Oxford University Press, vol. 67(3), pages 499-527.
- Heng Z. Chen & Stephen R. Cosslett, 1998. "Environmental Quality Preference and Benefit Estimation in Multinomial Probit Models: A Simulation Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(3), pages 512-520.
- Eales, James S. & Roheim, Cathy A., 1999. "Testing Separability Of Japanese Demand For Meat And Fish Within Differential Demand Systems," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(01), July.
- 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.
- Jakus, Paul M. & Shaw, W. Douglass, 2001. "Perceived Hazard And Product Choice: An Application To Recreational Site Choice," 2001 Annual meeting, August 5-8, Chicago, IL 20772, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Janusz R. Mrozek & Laura O. Taylor, 2002. "What determines the value of life? a meta-analysis," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 21(2), pages 253-270.
- Burtraw, Dallas & Krupnick, Alan & Austin, David & Stoessell, Terrell, 1998. "The Benefits of Air Pollutant Emissions Reductions in Maryland: Results from the Maryland Externalities Screening and Valuation Model," Discussion Papers dp-99-05, Resources For the Future.
- Parsons, George R. & Jakus, Paul M. & Tomasi, Ted, 1999. "A Comparison of Welfare Estimates from Four Models for Linking Seasonal Recreational Trips to Multinomial Logit Models of Site Choice," Journal of Environmental Economics and Management, Elsevier, vol. 38(2), pages 143-157, September.
- Kahn, James R. & Kemp, W. Michael, 1985. "Economic losses associated with the degradation of an ecosystem: The case of submerged aquatic vegetation in Chesapeake Bay," Journal of Environmental Economics and Management, Elsevier, vol. 12(3), pages 246-263, September.
- Johnson, F. Reed & Desvousges, William H., 1997. "Estimating Stated Preferences with Rated-Pair Data: Environmental, Health, and Employment Effects of Energy Programs," Journal of Environmental Economics and Management, Elsevier, vol. 34(1), pages 79-99, September.
- James Eales & Catherine Durham & Cathy R. Wessells, 1997. "Generalized Models of Japanese Demand for Fish," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1153-1163.
- Salvanes, K. & DeVoretz, D., 1993. "Household Demand for Fish and Meat Products: Separability and Demographic Effects," Discussion Papers dp93-05, Department of Economics, Simon Fraser University.
- George R. Parsons & A. Brett Hauber, 1998. "Spatial Boundaries and Choice Set Definition in a Random Utility Model of Recreation Demand," Land Economics, University of Wisconsin Press, vol. 74(1), pages 32-48.
- W. Douglas Shaw & J. Scott Shonkwiler, 2000. "Brand Choice and Purchase Frequency Revisited: An Application to Recreation Behavior," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 515-526.
When requesting a correction, please mention this item's handle: RePEc:rff:dpaper:dp-02-55. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Webmaster)
If references are entirely missing, you can add them using this form.