Environmental Economics

Valuing Environmental Quality Changes Using Averting Expenditures: An Application to Groundwater Contamination

Public decision-makers require information on the benefits and costs of policies for groundwater quality protection. The averting expenditures method for valuing environmental improvements is examined and used to approximate the economic sots of groundwater degradation to households in southeastern Pennsylvania community. Regression results indicate that averting expenditures vary with households' knowledge of contamination, perceptions of a contaminant's health risk and presence of young children in the the household. The estimates obtained through averting expenditures analysis have a sound basis in theory and re of sufficient empirical magnitude that they merit consideration in federal, sate, and local groundwater policy decisions.

  • Keywords

    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Revealed Preference
    1. Benefits Analysis - Valuation - Revealed Preference - Consumption Choices
    Environmental Media:
    b. Water
    b. Water - Drinking
    b. Water - Groundwater
    Authors:
    Abdalla, Charles W.
    Epp, Donald J.
    Roach, Brian A
    Shortle, James S.
    EPA Project Officer/ Manager:
    O'Neil, William
    Geographic Area:
    Pennsylvania
    Study Purpose:
    Empirical Application, Data Development
    Inventory Record #: EE-0201A
  • Participating Organizations

    Research Organization:

    Pennsylvania State University, Agricultural Economics and Rural Sociology DepartmentAddress:
    City: State: ZIP:
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    06/01/1990
    Number of Pages:
    21
    Comment: Staff paper #178
    Grant/Contract #:
    CR815412
  • How to Obtain Report


    Download report now, Order a copy of report

    Use link(s) to download or view the report

    Date Linked: 08/25/2017