ECONOMIC VALUATION OF ACID DEPOSITION DAMAGES
John M. Callaway and
Jeffrey Englin ()
Contemporary Economic Policy, 1990, vol. 8, issue 3, 59-72
This paper summarizes estimates of the monetary value of the physical damages that acid deposition causes in the United States. These estimates were developed for the Interim Assessment of the National Acid Precipitation Assessment Program (NAPAP) but were not included in the final version of the assessment report. This paper describes this research and discusses why these estimates received so little support within the NAPAP. It outlines the role of economics in the current Integrated Assessment and discusses the extent to which lessons learned earlier have been integrated into the current assessment.
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