FLOODPLAINS AND HOUSING VALUES: IMPLICATIONS FOR FLOOD MITIGATION PROJECTS1

ABSTRACT: The hedonic valuation method was used to quantify the impact of floodplain location on housing values in Fargo‐Moor‐head. Being located in the 100‐year floodplain lowered the home values by $8,990, and such homes were worth $10,241 less than similar homes located outside the floodplain before the major flood event of 1997. Required flood insurance premiums for these homes were determined to account for approximately 81 percent of this price depreciation. In contrast, homes in the 500‐year floodplain were worth $3,100 more than similar homes not in the floodplain. It was concluded that more disclosure is needed regarding the location of the 500‐year floodplain, and that the hedonic valuation method can be used to calculate the economic gains and losses associated with flood mitigation projects or floodplain remapping efforts that result in the reclassification of the legal floodplain status of individual homes.     

Price perceptions in water demand

Economists advocate for using the price mechanism to manage water scarcity, but complex nonlinear rate structures prevalent in markets for municipal water obscure price signals. We conduct a randomized field experiment that jointly elicits knowledge about the cost of water and examines the impact of improved information on demand by linking a survey to water billing records. Half of our sample of 30,000 single family homeowners are randomly sent an invitation to a survey that asks questions about the water bill and the costs of water-use activities (e.g. the cost of taking a shower), and subsequently provides personalized accurate information. Results show that consumers have poor information about the marginal price of water and overestimate the costs of using water. Respondents are relatively better informed about their total bill and water consumption. In aggregate, respondents increase water use in response to the survey, potentially due to learning that water is cheaper than they previously thought. Increased consumption is concentrated among low users who are more likely to over-estimate the costs of using water.     

The production of lumber using chainsaws in Guyana

SUMMARY

The structure, conduct and performance, and the environmental impacts of the chainsaw lumber production sector in Guyana are investigated. Chainsaws are a highly mobile lumber technology that is used to rip or produce lumber within the forest. Chainsaw lumbering operations have become the dominant lumber producer for the domestic market. Production costs are only 53% of wholesale lumber prices. On a ms basis, chainsaw operations' net profit is 80% of the gross price paid for logs at sawmills and more than twice the profit of firms engaged in the harvesting and transportation of logs to sawmills. Sawmills recognize this cost advantage and are increasingly using chainsaws in the production of lumber.

The handling and transportation of chainsawn lumber within the forest is environmentally less damaging than log production. The log recovery rate is 10–15% for chainsaw operations, as compared to the sawmill average of 40–45%. Log residue from chainsaw operations is left within the forest which promotes faster forest regrowth, while that at sawmills is wasted. Chainsaw operations harvest immature trees, engage in the harvesting of selective species, over-harvest trees per unit area of land, and engage in frequent reentry of the forest. Because of these practices, the chainsaw lumber sector is not environmentally sustainable and will require regulation. Policies that follow a non-market solution will be required in regulation.     

建筑节能对建筑能耗的直接经济和环境影响测算模型及其实证分析

当前节能减排是我国各级政府的主要工作任务."十一五"建筑节能目标占社会总节能目标的21%,建筑节能是我国节能工作的重要内容.本研究采用数量经济方法,建立建筑节能对建筑能耗的直接经济和环境影响测算模型.在合理的情景假定下.应用该模型测算,得出结论:"十一五"建筑节能目标的各项分解任务和总的节能任务可在3年内完成.3年中每年的建筑节能量对"十一五"期间平均每年节能任务的贡献率分别是17.28%,34.55%,51.83%.3年中每年因建筑节能而减少的主要污染物的排放量对"十一五"期间平均每年减排任务的贡献率分别是76%,152%和228%.最后提出既有建筑节能改造的节能任务可以适当增加的政策建议.     

A tool for building community resilience? A case study of the Lewes Pound

In the last decade, “resilience” has gained increasing recognition as a theoretical framework for understanding and managing change in complex social–ecological systems. Resilience assessments are increasingly used to inform sustainability initiatives, strategies, and policies. The Lewes Pound represents a new complementary currency model in the UK, aiming to build community resilience. However, there have been no empirical studies to date assessing the socio-economic impacts of this model. This article addresses the need to understand how such currencies function by measuring whether the Lewes Pound is capable of building resilience. This is done by developing a novel framework for estimating economic, social, and environmental outcomes, which uses a mixed-methods approach. Findings suggest that complementary currencies can enhance social-ecological resilience through awareness-raising and changes in consumption. Although economic localisation – a key indicator – is lacking, there is evidence that the Lewes Pound has developed social interactions and changed consumption patterns of its users.     

人口、资源与环境经济学教材比较研究

人口、资源与环境经济学是理论经济学下设立的一个二级学科。自1997年设立以来，很多学者对其学科体系进行了探索。出版了一些著作和教材。本文以现代课程与教学论的观点为指导．采用文献研究、比较分析、统计分析的方法．从教材现状、体系结构、内容、表现形式和手段等方面对国内外人口、资源与环境经济学教材进行了详细的比较研究，并在此基础上为新教材建设提出了建议。以期为国内相关教材的改进和完善提供参考依据。这些建议是：统一并完善教材体系；理论要联系实际．培养学生学习兴趣和解决实际问题能力；注重学科领域最新成果的运用。增强教材的时代性和科学性；注重表现形式和手段多样性，帮助读者理解抽象的经济理论。     

Rhetoric and Reality of Water Quality Trading and the Potential for Market‐like Reform1

Stephenson, Kurt and Leonard Shabman, 2011. Rhetoric and Reality of Water Quality Trading and the Potential for Market‐Like Reform. Journal of the American Water Resources Association (JAWRA) 47(1):15‐28. DOI: 10.1111/j.1752‐1688.2010.00492.x Abstract: Many public interest groups, government agencies, and professional economists argue that current approaches to water quality trading are a cost‐effective, politically practical innovation for achieving water quality standards, in part by addressing one of the most difficult water quality improvement challenges – limiting the discharge from nonpoint sources. A critical analysis shows that these claims for current water quality trading programs are often unrealized. This rhetoric, without adherence to principles of market‐like reform, can undermine the support of regulated parties for meaningful water quality policy reform, contribute to missed opportunities to implement cost‐effective programs, and postpone successfully meeting the challenge of limiting nonpoint source discharges. A better understanding and application of market‐like principles can result in an improved design of trading as well as general water quality management programs.     

A combined ecosystem and value chain modeling approach for evaluating societal cost and benefit of fishing

We describe a combined ecological and economic approach aimed at giving more equal emphasis to both disciplines, while being integrated so that design, analysis, data entry and storage, and result capabilities are developed with emphasis on deriving a user-friendly, easily accessible tool. We have thus developed the approach as an integrated module of the freely available Ecopath with Ecosim scientific software; the world's most widely applied ecological modeling tool. We link the trophic ecosystem model to a value-chain approach where we explicitly and in considerable detail keep track of the flow (amounts, revenue, and costs) of fish products from sea through to the end consumer. We also describe the social aspects of the fish production and trade, by evaluating employment and income diagnostics. This is done with emphasis on distribution income while accounting for social aspects of the fishing sector. From a management perspective, one of the interesting aspects of the approach we introduce here, is that it opens for direct evaluation of what impact management interventions, e.g., quota settings, effort regulation, or area closures, may have on the ecosystem, the economy and the social setting, as well as on food availability for the consumer.     

COST EFFECTIVENESS OF VEGETATIVE FILTER STRIPS AND INSTREAM HALF‐LOGS FOR ECOLOGICAL RESTORATION1

ABSTRACT: This paper presents the results of cost effectiveness (CE) analysis of vegetative filter strips (VFS) and instream half‐logs as tools for recovering scores on a fish Index of Biotic Integrity (IBI) in the upper Wabash River watershed (UW) in Indiana. Three assumptions were made about recovery time for IBI scores (5,15, and 30 years) and social discount rates (1, 3, and 5 percent), which were tested for sensitivity of the estimated CE ratios. Effectiveness of VFS was estimated using fish IBIs and riparian forest cover from 49 first‐order to fifth‐order stream reaches. Half‐log structures had been installed for approximately two years in the UW prior to the study and provided a basis for estimates of cost and maintenance. Cost effectiveness ratios for VFS decreased from $387 to $277 per 100 m for a 1 percent increase in IBI scores from first‐to fifth‐order streams with 3 percent discount and 30‐year recovery. This cost weighted by proportion of stream orders was $360. The ratio decreased with decreasing time of recovery and discount rate. Based on installation costs and an assumption of equal recovery rates, half‐logs were two‐thirds to one‐half as cost‐effective as VFS. Half‐logs would be a cost‐effective supplement to VFS in low order streams if they can be proven to recover IBI scores faster than VFS do. This study provides baseline data and a framework for planning and determining the cost of stream restoration.     

经济学帝国主义与人口资源环境经济学学科发展

与主流经济学与时俱进是人口、资源环境经济学生存和发展的根基。通过人口、资源与环境经济学兴起和发展的简单回顾和相关研究成功案例的介绍，分析了经济学帝国主义对人口、资源与环境经济学学科发展的启示。提出高举经济学大旗，建立与主流经济学与时俱进的人口、资源与环境经济学。