The Negative Impact of Pollution on the United States Economy
Order ID 2801613515 Subject Economics Topic Assignment Type Research paper Writer level College Style APA Sources / references 5 Language English(U.S.) Description / paper instructions Hi, following that, we will complete the previous analyses using the research design. I’ll need facts, statistics, charts, and graphs in the article. Go with the Methodology suggestion. Is it possible to perform hypothesis-regression analysis in this instance? Also, are the charts and graphs only found on the pages I buy? Cheers! In addition, the instructors and graders have provided input.
Pollution harms the US economy.
Introduction
Pollution is one of the world’s most pressing challenges. Pollution has negatively impacted conversation and research into ways to reduce pollution. Pollution is beginning to hurt the economies of Europe and the United States. According to a UNECE (2019) estimate, the cost of air pollution-related death and disability in Europe is approximately USD 1.6 trillion. Additionally, the paper claims that environmental cleanup programs will contribute to the growth of GDP in European countries by 10 percent (UNECE, 2019). Pollution reduces economics. Pollution has increased the cost of water in the US. A nitrate removal project increased the cost of 1000 liters of water in Minnesota from 10 cents to $4. (EPA, 2015). The fishing, tourism, and real estate industries are also affected by water contamination. Also, pollution leads to illnesses that lower production and revenue. Pollution hurts the US economy.In our prior hypothesis, pollution negatively hurts the US economy. For the study, the independent variables will be pollution in different sectors of the economy. People’s exposure to polluted settings will be one of the independent factors. the effects on the shellfish business, tourism, leisure and funding allotted to reduce water pollution Productivity and income will be quantified in response to environmental exposure. Investigating the extent of water pollution on the shellfish, tourism, and recreational industries will have an economic impact. Moreover, these monies will be compared against the degree of water pollution. The environmental departments selected will gather data on water pollution and the funds spent to deal with it. Tourism, shellfish, and recreational industry organizations will provide data on financial information as well. pollution, productivity, and income Measuring these factors will provide the association between pollution and the US economy.
The analysis assumes that state environmental departments will be truthful when providing information on the amount of pollution in water bodies and the amount of money spent to treat it. Additionally, respondents will provide correct financial positions and productivity statistics. The last assumption is that shellfish, tourism, and recreational industry figures will be factual. The delimitations include the fact that the research problem solely focuses on air and water pollution. Secondary measures have a greater effect on measurements than primary ones. Representation across all generations could be limited. Also, this study will demand time and resources to acquire. The study is significant in establishing a relationship between pollution and the economy that will assist guide policymaker decisions. The findings will also assist activists and groups who want to call for additional cash for environmental cleaning. Students will better understand the influence of pollution on construction industry and human productivity. For policymakers, the economic implications of pollution on the US are an important consideration.
research paper
Pollution is one of the major 21st-century concerns. Pollution is damaging to human health, the environment, and the economy. the cost of pollution-related death and disability in the US is rising (UNECE, 2019). Pollution damages the US economy. This study tries to show that pollution has taken a toll on the U.S. economy. This study establishes the association between pollution exposure, water pollution, and income predispositions, fishing, and tourism. The facts on the financial impact of pollution on individuals and businesses; and the financial consequences to families are also examined. Pollution hurts the American economy.Researchers discovered data that links pollution to the economies of both Europe and the US. The treatment, impairment, and mortality caused by pollution rise with increasing pollution. The UN Economic Commission for Europe (UNECE) has reported that Europe spent $1.6 trillion on deaths and disabilities attributable to air pollution. These incidents occur during swimming, drinking water, or eating of poisoned shellfish. The EPA reported that when algae blooms occur, Florida county healthcare expenses rise by $130,000. According to UNECE (2019), pollution costs drop with cleaner processes. Countries that execute anti-pollution measures, such as cleanup initiatives, will see their GDP rise by 10% (UNECE, 2019). Due to pollution, the US economy suffers from increased medical costs, treatment, incapacity, and death due to pollution.
Pollution has a direct impact on specific areas of the economy. These industries include; commercial fishing, health, recreation, and real estate (EPA, 2015). According to EPA (2015), lake-adjacent businesses are being forced to close in the four states listed above. As a result of the increasing algal blooms, fewer tourists came (EPA, 2015). These investors lost close to $47 million in two years because of tourism (EPA, 2015). Algal bloom in Lake Ohio caused this decrease in revenue. lowering restaurant sales was found (EPA, 2015). Because of pollution, the tourism and recreation industries are hurting the economy.
The US coastal commercial fishing industry has also been harmed by pollution. Algal blooms have resulted to decreased fish harvest, increased processing costs, and the closure of fisheries (EPA, 2015). For instance, toxic algal blooms in the Maine coast has forced the closure of the shellfish beds. $2.9 million overall (EPA, 2015). Lastly, beachfront property has also been negatively impacted by pollution. Proximity to pristine water plays a huge role in real estate pricing. Therefore, because of pollution, real estate investors have lost the value of their properties. Because of pollution, commercial fishing and real estate negatively harm the national economy.
Restoring polluted habitats, especially water bodies, requires a lot of money. The cost of water went raised fortyfold during a water purification project for the EPA (2015). the costs range between $11,000 to $100,000 depending on the size of the water body (EPA, 2015). To help maintain their population and foster local economy, counties make investments in water-cleaning programs. The weight of county economies also has an impact on the national economy.
Pollution also affects the overall workforce which has a direct influence on the country’s economy. Isen, Rossin-Slater, & Walker (2017) investigated labor force and income participation rates between two groups of people. Children raised in less polluted places received far less pollutants in their lifetimes. Those that were exposed to pollutants throughout their gestation period had reduced work participation. and the first group similarly had low salaries at age 30, (Isen, Rossin-Slater, & Walker, 2017). Children’s cognitive development has also been linked to pollution. (Persico, Figlio, & Roth, 2002) (2016). sluggish schooling procedure costs their parent’s tuition price.
References
United Nations Economic Commission for Europe. (2019). Air pollution and economic development. Retrieved October 9, 2019 from https://www.unece.org/environmental-policy/conventions/envlrtapwelcome/cross-sectoral-linkages/air-pollution-and-economic-development.html
United States Environmental Protection Agency (EPA). (2015). A compilation of cost data associated with the impacts and controls of nutrient pollution. Retrieved October 9, 2019 from https://www.epa.gov/sites/production/files/2015-04/documents/nutrient-economics-report-2015.pdf
Isen, A., Rossin-Slater, M., & Walker, W. R. (2017). Every breath you take—every dollar you’ll make: The long-term consequences of the clean air act of 1970. Journal of Political Economy, 125(3), 848-902.
Persico, C., Figlio, D., & Roth, J. (2016). Inequality before birth: The developmental consequences of environmental toxicants (No. w22263). National Bureau of Economic Research
Aljandali, A. (2016). Quantitative Analysis and IBM® SPSS® Statistics. Springer International Publishing.
Etikan, I., Musa, S. A., & Alkassim, R. S. (2016). Comparison of convenience sampling and purposive sampling. American journal of theoretical and applied statistics, 5(1), 1-4.
Karvanen, J. (2015). Study design in causal models. Scandinavian Journal of Statistics, 42(2), 361-377.
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