ESTIMATING THE BENEFITS OF GROUNDWATER CONTAMINATION CONTROL

In this paper, a conceptual model for estimating option price for groundwater quality protection is developed, and the effets of subjective demand and supply uncertainty and other variables on option price are estimated. A contingent valuation study to measure option price for groundwater quality protection was conducted in southwestern Georgia. Valuation results suggest that the monetary benefits to citizens of protecting groundwater supplies from agricultural chemical contamination are quite large.


Issue Date:
1992-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/29641
Published in:
Southern Journal of Agricultural Economics, Volume 24, Number 2
Page range:
63-71
Total Pages:
9




 Record created 2017-04-01, last modified 2017-04-04

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