Natural Resource Damage Policy: Political Economy and Optimal Assessment Accuracy
Polasub, Wallapak
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https://hdl.handle.net/2142/82975
Description
Title
Natural Resource Damage Policy: Political Economy and Optimal Assessment Accuracy
Author(s)
Polasub, Wallapak
Issue Date
2005
Doctoral Committee Chair(s)
Ando, Amy W.
Department of Study
Agricultural and Consumer Economics
Discipline
Agricultural and Consumer Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, Theory
Language
eng
Abstract
The empirical study investigates factors that influence state adoption of NRD activity. The results show that size and probability of damages strongly influence the timing of the adoption. Additionally, environmental grants and public demand for NRD enforcement also contribute to the likelihood of program adoptions. The results imply that social welfare might be improved with targeted federal subsidies to state-level NRD programs.
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