{"title":"Financial Assistance and Environmental Compliance","authors":"Sharaban T. Anica, L. Elbakidze","doi":"10.3368/le.061121-0060r1","DOIUrl":null,"url":null,"abstract":"Using data from the National Pollution Discharge Elimination System compliance and the Clean Water State Revolving Funds (CWSRF) for wastewater treatment plants in nine states between 2010 and 2018, we examine (1) the effect of noncompliance on the distribution and size of awarded CWSRF loans, and (2) the effects of the CWSRF provision and award size on postfunding compliance. We observe that funded facilities have poorer compliance records than the unfunded ones and that funded facilities decrease violations within two years after receiving financial support. On average, a $50 million CWSRF loan decreases violations by one count within two postfunding years.","PeriodicalId":51378,"journal":{"name":"Land Economics","volume":null,"pages":null},"PeriodicalIF":1.3000,"publicationDate":"2022-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Land Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.3368/le.061121-0060r1","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Using data from the National Pollution Discharge Elimination System compliance and the Clean Water State Revolving Funds (CWSRF) for wastewater treatment plants in nine states between 2010 and 2018, we examine (1) the effect of noncompliance on the distribution and size of awarded CWSRF loans, and (2) the effects of the CWSRF provision and award size on postfunding compliance. We observe that funded facilities have poorer compliance records than the unfunded ones and that funded facilities decrease violations within two years after receiving financial support. On average, a $50 million CWSRF loan decreases violations by one count within two postfunding years.
期刊介绍：
Land Economics is dedicated to the study of land use, natural resources, public utilities, housing, and urban land issues. Established in 1925 by the renowned economist and founder of the American Economic Association, Richard T. Ely at the University of Wisconsin, Land Economics has consistently published innovative, conceptual, and empirical research of direct relevance to economists. Each issue brings the latest results in international applied research on such topics as transportation, energy, urban and rural land use, housing, environmental quality, public utilities, and natural resources.
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