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ECONOMIC VALUATION OF ACID DEPOSITION DAMAGES
Author(s) -
CALLAWAY JOHN M.,
ENGLIN JEFFREY E.
Publication year - 1990
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1111/j.1465-7287.1990.tb00644.x
Subject(s) - damages , valuation (finance) , interim , acid deposition , economic impact analysis , economics , natural resource economics , environmental science , political science , accounting , law , soil water , microeconomics , soil science
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.