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The effect of aggregate response assumptions on environmental impact analyses
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Journal Article
The effect of aggregate response assumptions on environmental impact analyses
1985
Overview
Extract: This paper reports on an investigation of the implications of alternative response assumptions on the estimates of changes in welfare, prices, and production due to environmental alterations. A variety of aggregate response assumptions are examined within a mathematical programming framework using a case example assessment involving the economic effects of air quality changes on agriculture. This type of empirical research is used by the U.S. Environmental Protection Agency (EPA) to evaluate the efficiency of alternative national ambient air quality standards, including acid deposition precursors. Benefits to agriculture are an important category in setting such standards
