A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Valuing acid mine drainage remediation in West Virginia: a hedonic modeling approach
Abstract In this article, we use a spatial-econometric approach to estimate the willingness to pay for the cleanup of acid mine drainage-impaired waterways in the Cheat River Watershed of West Virginia. We derive economic values for housing relating to remediating the effects of acid mine drainage using 21 years of housing sales data, and use geographic information systems to link housing market sales data with stream water quality. The results indicate being located near an acid mine drainage-impaired stream has an implicit marginal cost of $4,783 on housing. If all the streams are restored in the Cheat River Watershed, those properties located near the restoration (within a 1/4 mile) would benefit by $1.7 million.
Valuing acid mine drainage remediation in West Virginia: a hedonic modeling approach
Abstract In this article, we use a spatial-econometric approach to estimate the willingness to pay for the cleanup of acid mine drainage-impaired waterways in the Cheat River Watershed of West Virginia. We derive economic values for housing relating to remediating the effects of acid mine drainage using 21 years of housing sales data, and use geographic information systems to link housing market sales data with stream water quality. The results indicate being located near an acid mine drainage-impaired stream has an implicit marginal cost of $4,783 on housing. If all the streams are restored in the Cheat River Watershed, those properties located near the restoration (within a 1/4 mile) would benefit by $1.7 million.
Valuing acid mine drainage remediation in West Virginia: a hedonic modeling approach
Williamson, James M. (author) / Thurston, Hale W. (author) / Heberling, Matthew T. (author)
2007
Article (Journal)
English
Valuing acid mine drainage remediation in West Virginia: a hedonic modeling approach
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