A STOCHASTIC METHODOLOGY FOR ESTIMATING THE VALUE OF WETLANDS IN CONTROLLING AGRICULTURAL NONPOINT POLLUTION

M. William Park and Sandra S. Batie

No 278226, 1979 Annual Meeting, July 29-August 1, Pullman, Washington from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Wetlands appear to buffer the effect of nonpoint runoff, smoothing out the time pattern of pollutant loading to receiving waters. Chanceconstrained programming provides an appropriate stochastic methodology for valuing this function, where high rates of pollutant loading in short periods of time pose a significant water quality problem.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 14
Date: 1979-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea79:278226

DOI: 10.22004/ag.econ.278226

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