RT Journal Article
SR Electronic
T1 Including Additional Pollutants into an Integrated Assessment Model for Estimating Nonmarket Benefits from Water Quality
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 457
OP 477
DO 10.3368/wple.96.4.457
VO 96
IS 4
A1 Robert Griffin
A1 Adrian Vogl
A1 Stacie Wolny
A1 Stefanie Covino
A1 Eivy Monroy
A1 Heidi Ricci
A1 Richard Sharp
A1 Courtney Schmidt
A1 Emi Uchida
YR 2020
UL http://le.uwpress.org/content/96/4/457.abstract
AB We develop an integrated assessment model for spatially simulating water quality and social welfare from linked ecosystem services that extends prior modeling by incorporating a broader suite of pollutants than conventionally measured factors like phosphorus and nitrogen. Beyond demonstrating the feasibility of such a model, we provide guidance on the impact of omitting or holding constant relevant pollutants and their effect on estimates of water quality and willingness to pay. Applying the model to Narragansett Bay, we find that recent wastewater treatment upgrades and a legacy network of dams are providing millions in annual value to adjacent residents. (JEL Q53, Q57)