Natural Resource Damage Policy: Political Economy and Optimal Assessment Accuracy
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.
University of Illinois - Urbana-Champaign
Networked Digital Library of Theses and Dissertations
University of Illinois at Urbana-Champaign