Environmental Economics

Assessing the Economic Benefits of Ground Water for Environmental Policy Decisions

The report describes a conceptual framework for identifying and measuring the environmental and economic services of groundwater, so that the value of uncontaminated groundwater resources will be more fully represented in broad-based environmental policy decisions. The valuation framework links changes in physical characteristics of groundwater to uses (services) provided by groundwater and the economic effects of changes in groundwater services. This framework provides a means for guiding the estimation of groundwater values across different studies, so as to generate valid, consistently-measured values for policy assessment. The use of the economic values in groundwater policy decisions are discussed and conclusions are drawn.

  • Keywords

    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Quantification without Monetization
    1. Benefits Analysis - Valuation - Cost of Damages Avoided
    1. Benefits Analysis - Valuation - Cost of Damages Avoided - Productivity
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Cost of Damages Avoided - Resource/Environmental Harms
    Environmental Media:
    b. Water
    b. Water - Groundwater
    Authors:
    Bergstrom, John C.
    Boyle, Kevin J.
    Job, Charles A.
    Kealy, Mary Jo
    EPA Project Officer/ Manager:
    Geographic Area:
    Study Purpose:
    Methodology Development & Evaluation
    Inventory Record #: EE-0115
  • Participating Organizations

    Research Organization:

    Environmental Protection Agency,
    Interoffice Ground Water Valuation Group
    Address:
    City: Washington State: DC ZIP: 20460
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    Number of Pages:
    35
    Comment:
    Grant/Contract #:
    CR818760-01-0
  • How to Obtain Report


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    Date Linked: 05/28/2009