Sunday, March 16, 2008
What's Avoiding Asthma in China Worth?
what is it worth to reduce the incidence of asthma in China due to air pollution?Well I'm glad you asked.
I am currently working on revising a paper titled: CONTINGENT VALUATON AND THE ECONOMIC VALUE OF AIR-POLLUTION-RELATED HEALTH RISKS IN CHINA*. The paper is part of a student's (Xiaoqi Guo) dissertation and is joint work with Jim Hammitt at Harvard. In it, we find that residents of Chengdu, China are willing to pay approximately 13,685 yuan (US$1711) for pollution reductions per case of asthma avoided. We further find that the implied value of a statistical life due air pollution related mortality is 189,960 yuan (US$23,745).
For those not familiar with value of statistical life computations, that's pretty low.
I would like to see this study replicated in Beijing, where there have been international complaints of poor air quality as the Olympics draws near. I don't know the exact benefit of a comparison though. It could highlight Kiel's point.
Subscribe to Post Comments [Atom]
<< Home
Subscribe to Posts [Atom]