The Economic Benefits of Water Quality Improvements in Great Lakes Areas of Concern
Major Goals and Objectives
This project proposes to measure the economic benefit of water quality improvements by applying difference-in-difference analysis to local market outcomes in the Waukegan Harbor Area of Concern (AOC). The implementation of remediation projects in this AOC provides a unique opportunity to observe and compare affected ecosystems and economic outcomes before and after remediation. The analysis will use data on local housing market conditions and socioeconomic outcomes and the timing and location of sediment removal and habitat restoration projects in the Waukegan Harbor AOC.