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Consolidation as a Regulatory Compliance Strategy: Small Drinking Water Systems and the Safe Drinking Water Act AgEcon
Lee, Min-Yang A.; Braden, John B..
Despite extensive research and policy initiatives to increase the technical, financial, and managerial capacity of small drinking water systems, there has been little research focusing on understanding how consolidation can increase the overall capacity of the drinking water industry. Consolidation of water systems may be a mechanism that increases regulatory compliance by removing poorly performing systems from the industry and replacing inefficient management and/or capital. The US drinking water system is highly fragmented, with over 50,000 Community Water Systems (CWSs), of which the vast majority are classified as "small" by the US Environmental Protection Agency (EPA). A discrete choice model is employed to determine the characteristics shared by...
Tipo: Conference Paper or Presentation Palavras-chave: Community Water System; Drinking Water; Merger; Consolidation; Resource /Energy Economics and Policy; Q25; Q53.
Ano: 2007 URL: http://purl.umn.edu/9772
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An Inverse Demand System for New England Groundfish: Welfare Analysis of the Transition to Catch Share Management AgEcon
Lee, Min-Yang A.; Thunberg, Eric M..
In 2010, the Northeast groundfish fishery transitioned from an effort-control system (Days-at-Sea) to an output-control system (catch shares). Simultaneously, a large decrease in aggregate catch was imposed in order to achieve biological objectives. This research examines the welfare effects of the transition to catch-share management by combining an inverse demand model for groundfish with a simulation based model of supply. The Generalized Differential Inverse Demand System is estimated for groundfish and imports using monthly data from 1994-2011 using a Generalized Method of Moments estimator. The estimated parameters are combined with simulated landings derived from a counterfactual policy scenario had ef- fort controls been retained instead of the...
Tipo: Presentation Palavras-chave: Demand and Price Analysis; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2012 URL: http://purl.umn.edu/123879
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Whale-watching and Herring Fishing: Joint or Independent Production? AgEcon
Lee, Min-Yang A..
The effects of "localized depletion" of a pelagic fishery (herring) on a non-extractive marine activity (tourism) are investigated. Proponents of the localized depletion theory claim that intense fishing effort can lead to areas that are unsuitable for predators like tuna, groundfish, and whales. This leads to poor outcomes for the fishing and whale-watching industries. However, there has been no consensus in the scientific community about the existence of this phenomenon. Localized depletion would be consistent with an economic theory of joint production, in which nearshore herring stocks are an input in production of both herring and whale-watching trips. A unique dataset of daily whale-watching outcomes is combined with fishing effort and oceanographic...
Tipo: Conference Paper or Presentation Palavras-chave: Whales; Fishing; Panel data; Search; Ecosystem Based Management; Resource /Energy Economics and Policy; Q57; Q26; Q22.
Ano: 2008 URL: http://purl.umn.edu/6086
Registros recuperados: 3
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