State Water Resources Research Institute Program

Project ID: 2007ME147B
Title: Measuring and Incorporating Stakeholder Values into River Restoration Decisions: A Socio-economic Analysis
Project Type: Research
Start Date: 5/ 1/2008
End Date: 4/30/2009
Congressional District: 2
Focus Categories: Economics, Management and Planning, Methods
Keywords: GIS, dams, economic impacts
Principal Investigators: Lewis, Lynne; Bell, Kathleen P.; Bohlen, Curtis
Federal Funds: $ 26,588
Non-Federal Matching Funds: $ 40,777
Abstract: This project addresses social and economic values of river restoration along the Penobscot River, focusing on values derived by property owners who are significant stakeholders in river restoration. A hedonic property value study explores the impact of river attributes and dam locations on property values. Survey research allows for further characterization of the impact of these characteristics on property values and for collection of additional information describing social and economic values of the river not expected to be reflected in property values. Research tasks are designed to improve our understanding of a select group of stakeholders (landowners and residents) as well as to provide valuable information to these stakeholders about the economic impact of dams. In addition, the proposed research will benefit broader stakeholder groups by generating knowledge of lesser understood attitudes towards and perceptions of river restoration. Consideration of the social and economic impacts of river restoration will complement ongoing studies of the ecological impacts. Of particular significance is the potential of this research to inform the Penobscot River Restoration Project.

Progress/Completion Report, PDF

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