Cost-of-Illness and Willingness-to-Pay Estimates of the Benefits of Improved Air Quality: Evidence from Taiwan
Abstract
We compare cost-of-illness (COI) and willingness-to-pay (WTP) estimates of the damages from minor respiratory symptoms associated with air pollution, using data from a study in Taiwan in 1991-92. A contingent valuation survey was conducted to estimate WTP to avoid minor respiratory illnesses. Health diaries were analyzed to predict the likelihood and cost of seeking relief from symptoms and of missing work. As predicted by economic theory, WTP is greater than the COI estimates, exceeding the latter by 1.61 to 2.26 times, depending on pollution levels. These ratios are similar to those for the United States, despite the differences between the two countriesDownload Info
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Bibliographic Info
Article provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 76 (2000)
Issue (Month): 1 ()
Pages: 37-53
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Handle: RePEc:uwp:landec:v:76:y:2000:i:1:p:37-53
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Related research
Keywords:Find related papers by JEL classification:
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Easter, K. William & Konishi, Yoshifumi, 2006. "Estimating Economic Health Costs of Not Controlling Toxic Water Pollution," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25768, International Association of Agricultural Economists.
- Clevo Wilson, 2003.
"Empirical Evidence Showing The Relationships Between Three Approaches for Pollution Control,"
Environmental & Resource Economics,
European Association of Environmental and Resource Economists, vol. 24(1), pages 97-101, January.
- Wilson, Clevo, 2002. "Empirical Evidence Showing The Relationships Between Three Approaches For Pollution Control," Economics, Ecology and Environment Working Papers 48952, University of Queensland, School of Economics.
- Easter, K. William & Konishi, Yoshifumi & Raggi, Meri & Viaggi, Davide, 2006. "What are the Economic Health Costs of Non-Action in Controlling Toxic Water Pollution?," Conference Papers 6656, University of Minnesota, Center for International Food and Agricultural Policy.
- Usha Gupta, 2006. "Valuation of Urban Air Pollution: A Case Study of Kanpur City in India," Working Papers id:668, eSocialSciences.
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