The Economics of the Joint Management of Water Resources and Aquatic Species in the United States
A review of the economic literature aimed at quantifying the impacts of water resource management on aquatic species in the United States and the potential welfare gains of managing water and aquatic species systems jointly.
The health of many marine, coastal, freshwater, and other aquatic ecosystems is inextricably linked to decisions about the management of water quality and quantity. In this article, we review the economic literature aimed at quantifying the impacts of water resource management on aquatic species in the United States and the potential welfare gains of managing water and aquatic species systems jointly. Existing studies consider multiple water uses, such as agricultural irrigation and hydropower generation, as well as different societal benefits from aquatic species, such as commercial and recreational fishing and endangered species preservation. These studies use a variety of methodologies, including stated and revealed preference techniques, bioeconomic modeling, and reduced-form econometrics. We conclude with a discussion of future directions for research that could increase understanding of the trade-offs between water and aquatic species management outcomes and identify gains from the joint management of water resources and aquatic species in the United States.
Resources Magazine — Oct 4, 2023
As Sea Levels Rise, So Does Wastewater
Sea level rise poses a threat for waste disposal infrastructure. In houses with septic systems, rising wastewater can cause unhygienic overflows and system failures. More funding and community involvement can help address this expensive, growing problem.
On the Issues — Aug 25, 2023
On the Issues: Artificial Intelligence, US Treasury Delay, and More
A biweekly newsletter connecting global current events, pressing climate and energy policy news, and economics research from RFF scholars. This week: Artificial intelligence, US Treasury Delay, and more.
Common Resources — Aug 18, 2023
The Future of the Waters of the United States after Sackett v. US Environmental Protection Agency
In the ruling of the recently decided court case Sackett v. US Environmental Protection Agency, the Supreme Court has scaled back water protections under the definition of “Waters of the United States” in the Clean Water Act.