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Integrated Economic and Environmental Assessment of Regional Development Projects |
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| Agricultural Economics | ||
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Watershed Information Tool |
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This website provides a Watershed Information Tool (WIT) for evaluating economic and environmental impacts of local development projects on Muskegon River Watershed (MRW). The Muskegon River is the second longest river in Michigan and ranks as the third largest Michigan watershed encompassing over 2,700 square miles spread over 12 counties.
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Regional
development projects are aimed at creating local employment and improving
local incomes. However, development projects also affect the local
environment as increased economic activity results in greater waste
generation and discharges to the environment. Informed decision making
needs quantitative assessments of both economic and environmental
impacts. The goal of WIT tool is to provide such quantitative
information and help decision makers and the community to assess
tradeoffs and synergies between economic development and environment
protection on a system-wide basis. The
WIT is based on an economic input-output model of the Muskegon river
watershed augmented with environmental burden data for industrial and
household sectors. The augmented input-output model can be used to
analyze the direct and indirect effects of any conservation/development project in the MRW.
The economic and environmental effects quantified include
changes in employment, income, indirect business tax revenues, energy
use, water use, air emissions, water discharges, and non-hazardous and
hazardous wastes in the MRW. The
WIT is a user friendly software tool that can be used over the internet
and does not need installation of any software. An online Tutorial is available to help you learn step by step how to use the tool.
You can get detailed information on the methods used, mathematical structure
of the model, underlying assumptions, data sources and limitations by
clicking on the Method
page.
Funding for
this project was provided by the Michigan Great Lakes Protection Fund.
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© 2004, Dr. Satish Joshi, Department of Agricultural Economics, Michigan State University
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