THE ECONOMICS OF FLOW ENHANCEMENT VS. NUTRIENT CONTROLS IN MEETING WATER QUALITY STANDARDS

This paper explores the economics of using enhanced flow as part of a strategy to meet water quality standards. We begin by briefly sketching the relevant economic theory, which we then apply to a case study of a dissolved oxygen impaired stream segment in Georgia's Flint River Basin. Results show that meeting targeted water quality standards with strategies that include enhanced flow is significantly less costly than relying only on agricultural management practices.Environmental Economics and Policy,

Designing Effective Climate Change Mechanisms for Developing Countries

Research project funded in academic year 2008-09The University Archives has determined that this item is of continuing value to OSU's history.Climate change is widely recognized as one of humankind’s greatest challenges in the 21st century. If left unchecked, rising temperatures caused by greenhouse gas emissions could seriously harm economies, societies and ecosystems around the world.Mershon Center for International Security Studie

Georgia Water: "A Public Resource Or A Commodity" What Are The Real Policy Questions?

In this paper we first address the question as to the strength of Georgia's commitment to protect public interests in the state's water resources as such commitments are expressed in existing laws. Comparing legislative declarations of state policy in Georgia with those in 36 other Eastern States, we find that none of the states have expressions of this commitment that would reasonably be regarded as more strongly stated than Georgia law. In conclusion, we find that Georgia water law currently recognizes the public's dependence on the state's water resources and its commitment to policies and programs that assure that water is used prudently for the maximum benefit of the people. Adding "public resource" language to the law would not substantively strengthen these existing policy declarations.Attention is then turned to the "water as a commodity" issue. We argue here that the "water as a commodity" issues is at best poorly framed. In our view debate in Georgia should center on alternatives for resolving the reallocation issue; it should focus on the question as to how Georgia is to strike a balance between private, competing use of water and public, non-competing uses of water (e.g., instream flows), and how this balance is to be adjusted over time in response to changes in social, environmental, and climatic conditions. When market mechanisms are considered as one of the means to achieve reallocation, evaluation of their effectiveness is dependent on a particular set of market institutions. Thus, being "for" or "against" markets makes no more sense that being "for" or "against" water use permits -- everything depends on the provisions and protections of specific laws and proposals. Working Paper # 2002-00

Domestic Climate Change Policy and US Participation in International Climate : Regimes Prospects for the Next Four Years

The University Archives has determined that this item is of continuing value to OSU's history.This talk lays out the range of options for domestic policies on climate change and speculates on which choices are most likely. The speaker also assesses the resulting consequences for international progress and for effective long-term environmental policies.Ohio State University. Mershon Center for International Security StudiesEvent webpage, flie

COSTS OF COASTAL HAZARDS: EVIDENCE FROM THE PROPERTY MARKET

A hedonic price model suggests that flooding and erosion hazards, and the actions taken against them, are major determinants of property values in American coastal areas. A zoning ordnance against new construction within the 60-year erosion hazard area would increase property values and perhaps conserve the coastal ecosystem.Environmental Economics and Policy, Land Economics/Use,

AN ECONOMIC EVALUATION OF BEACH EROSION MANAGEMENT ALTERNATIVES

This paper examines the relative economic efficiency of three distinct beach erosion management policies — beach nourishment with shoreline armoring, beach nourishment without armoring, and shoreline retreat. The analysis focuses on (i) the recreational benefits of beaches, (ii) the property value effects of beach management, and (iii) the costs associated with the three management scenarios. Assuming the removal of shoreline armoring improves overall beach quality, beach nourishment with shoreline armoring is the least desirable of the three alternatives. The countervailing property losses under a retreat strategy are of the same order of magnitude as the foregone management costs when the beneficial effects of retreat — higher values of housing services for those houses not lost to erosion — are considered. The relative desirability of these alternative strategies depends upon the realized erosion rate and how management costs change over time.Resource /Energy Economics and Policy,

VALUING RISK-REDUCING INTERVENTIONS WITH HEDONIC MODELS: THE CASE OF EROSION PROTECTION

This article extends the literature on economic valuation of public interventions that reduce environmental risk. We consider the case where risk-reducing interventions have different characteristics than the risk proxies used in hedonic regressions. We then demonstrate the importance of these considerations by reexamining an existing analysis of shoreline protection where we estimate risk using a latent variables model. The results show substantially different and arguably more plausible results.Environmental Economics and Policy, Risk and Uncertainty,

LABOR PRODUCTIVITY WITHIN THE AFRICAN AGRICULTURAL HOUSEHOLD: THE HOUSEHOLD PRODUCTION MODEL REVISITED

The benchmark concept is used to understand changes in farm household response to development dynamics. 1996-97 cropping seasons data from Cameroon is used to develop and test a "separate spheres" household model. Labor productivity for men and women is discussed, along with their implications for research and resource management policies.agriculture, labor productivity, gender, production, consumption, Consumer/Household Economics, Labor and Human Capital,