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- W2346142481 abstract "National Environmental Policy Act (NEPA) regulations require environmental impact statements to assess direct and indirect effects on a number of different environmental resource categories, including economic and social effects. However, NEPA regulations do not dictate the scope of the socio-economic analyses or specify which analytical procedures must be employed. As a result, socio-economic impact analyses vary considerably across NEPA documents in both the methodology of analysis and in the models used to quantify impacts. The purpose of this paper is to provide an overview of socio-economic analyses in NEPA documents and present strategies for ensuring that the socio-economic analyses are focused on the most relevant socio-economic indicators, while still conforming to the full intent of NEPA. This paper will provide guidance on what factors should be considered when identifying the economic indicators to be assessed. The paper will also describe and discuss various types of models currently used to quantify economic impacts in NEPA documents, and the comparative advantages and disadvantages of these models. In addition, the definition of the appropriate Return On Investment in relation to the model used and the analysis performed will be discussed. The offices of the Department of Energy, the Department of Defense, and themore » Food and Drug Administration present real world examples of innovative approaches to socio-economic impact analysis.« less" @default.
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- W2346142481 date "1997-08-01" @default.
- W2346142481 modified "2023-09-23" @default.
- W2346142481 title "Socio-economic impact analysis in the NEPA process" @default.
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