A cost function for neutralizing acidic surface waters by base addition (liming) is derived based upon constrained cost minimization. The model is estimated using a sample of 547 acidic Adirondack lakes with total costs projected for neutralizing each lake to one of six possible target alkalinity levels. Empirical findings indicate that relatively accurate forecasts of lake neutralization costs can be obtained given target alkalinity levels and various limnological characteristics. The results provide a model for predicting lake neutralization costs which can potentially be used in evaluating the relative merits of alternative strategies for reducing acidic deposition damages.
|Original language||English (US)|
|Number of pages||9|
|Journal||Journal of Environmental Economics and Management|
|State||Published - Sep 1985|
ASJC Scopus subject areas
- Economics and Econometrics
- Management, Monitoring, Policy and Law