Accession Number : AD0704717

Title :   THE RELATIONSHIP BETWEEN LAND VALUES AND FLOOD RISK IN THE WABASH RIVER BASIN.

Corporate Author : ARMY ENGINEER INST FOR WATER RESOURCES ALEXANDRIA VA

Report Date : DEC 1969

Pagination or Media Count : 178

Abstract : The report examines the usefulness of using the differential in the value of land of similar productive characteristics on the flood plain and in the upland areas as a measure of the benefits accruing from the provision of flood protection to agricultural areas. A theoretical model is produced and applied to two reaches of the Wabash River and one reach of the White River. The three reaches represent three different topological and flood plain width combinations. The results of the land-value approach are compared with benefit estimates prepared previously using synthetic hydrology. The results of the analysis indicate that while the land-value approach cannot be universally applied there is a considerable range of topological conditions under which the approach offers a viable alternative to current procedures. (Author)

Descriptors :   (*RIVERS, FLOODS), (*FLOODS, ECONOMICS), TERRAIN, PRODUCTION, AGRICULTURE, PROTECTION, COSTS, DATA PROCESSING, SELECTION, REGRESSION ANALYSIS, MATHEMATICAL MODELS, COMPUTER PROGRAMMING, INDIANA, ILLINOIS, OHIO, MAPS

Subject Categories : Agricultural Economics
      Hydrology, Limnology and Potamology

Distribution Statement : APPROVED FOR PUBLIC RELEASE