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来源类型Working Paper
规范类型报告
DOI10.3386/w23070
来源IDWorking Paper 23070
Consequences of the Clean Water Act and the Demand for Water Quality
David A. Keiser; Joseph S. Shapiro
发表日期2017-01-23
出版年2017
语种英语
摘要Since the 1972 U.S. Clean Water Act, government and industry have invested over $1 trillion to abate water pollution, or $100 per person-year. Over half of U.S. stream and river miles, however, still violate pollution standards. We use the most comprehensive set of files ever compiled on water pollution and its determinants, including 50 million pollution readings from 240,000 monitoring sites and a network model of all U.S. rivers, to study water pollution's trends, causes, and welfare consequences. We have three main findings. First, water pollution concentrations have fallen substantially. Between 1972 and 2001, for example, the share of waters safe for fishing grew by 12 percentage points. Second, the Clean Water Act's grants to municipal wastewater treatment plants, which account for $650 billion in expenditure, caused some of these declines. Through these grants, it cost around $1.5 million (2014 dollars) to make one river-mile fishable for a year. We find little displacement of municipal expenditure due to a federal grant. Third, the grants' estimated effects on housing values are smaller than the grants' costs; we carefully discuss welfare implications.
主题Public Economics ; Taxation ; National Fiscal Issues ; Subnational Fiscal Issues ; Environmental and Resource Economics ; Environment ; Regional and Urban Economics ; Real Estate
URLhttps://www.nber.org/papers/w23070
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580744
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David A. Keiser,Joseph S. Shapiro. Consequences of the Clean Water Act and the Demand for Water Quality. 2017.
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