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A cost-benefit analysis of water quality protection in the Catawba basin

dc.contributor.author Eisen-Hecht, JI
dc.contributor.author Kramer, Randall A
dc.date.accessioned 2013-04-18T18:27:39Z
dc.date.issued 2002-01-01
dc.identifier.issn 1093-474X
dc.identifier.uri https://hdl.handle.net/10161/6644
dc.description.abstract The primary objective of this study was to perform a cost-benefit analysis of maintaining the current level of water quality in the Catawba River basin. Economic benefits were estimated using a stated preference survey method designed to value respondents' willingness to pay for a management plan to protect water quality in the Catawba basin over time. From the surveys conducted with 1,085 area residents, we calculated an annual mean willingness to pay of $139 for the management plan, or more than $75.4 million for all taxpayers in the area. Over the five-year time horizon in which respondents were asked to pay for the management plan, this resulted in a total economic benefit of $340.1 million. The Watershed Analysis Risk Management Framework model was used to estimate the amount of management activities needed to protect the current level of water quality in the basin over time. Based on the model results, the total cost of the management plan was calculated to be $244.8 million over a ten-year period. The resulting cost-benefit analysis indicated that the potential benefits of this management plan would outweigh the costs by more than $95 million.
dc.relation.ispartof Journal of the American Water Resources Association
dc.title A cost-benefit analysis of water quality protection in the Catawba basin
dc.type Journal article
pubs.begin-page 453
pubs.end-page 465
pubs.issue 2
pubs.organisational-group Duke
pubs.organisational-group Duke Science & Society
pubs.organisational-group Economics
pubs.organisational-group Environmental Sciences and Policy
pubs.organisational-group Global Health Institute
pubs.organisational-group Initiatives
pubs.organisational-group Institutes and Provost's Academic Units
pubs.organisational-group Nicholas School of the Environment
pubs.organisational-group Trinity College of Arts & Sciences
pubs.organisational-group University Institutes and Centers
pubs.publication-status Published
pubs.volume 38


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