Benefit Transfers with Latent Class Models: Air Pollution Risk Management of Power Plants in China
AbstractWe examine the benefit transfer of air quality improvement using latent class model (LCM) in China. We conduct Contingent rankings (CR) to estimate the implicit price of reducing health risk related to the air pollution of power plants. CR results are analyzed using random parameter logit model (RPL) and LCM with repeated choice data. Then, we conduct benefit transfer (BT) functions to alleviate transfer errors of the implicit price in accordance with conventional BT studies. Moreover, we investigate whether BT with LCM improves transferability of benefits because of incorporating the membership function, which is consisted of psychological attitudes of respondents, into estimating the implicit price. As a result, we show that variables on psychological attitudes improve the transferability of the implicit price more than socioeconomic characteristics. We concluded that BT be used along with more information about residents, such as psychological attitudes. We also advocate that uniform psychological survey protocols and an associated database would contribute to performance improvements in BT and therefore to assessment of environmental policies in China.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Graduate School of Economics, Kobe University in its series Discussion Papers with number 1003.
Date of creation: May 2010
Date of revision:
latent class model; benefit transfer; air pollution risk; psychological attitude; membership function;
Find related papers by JEL classification:
- I1 - Health, Education, and Welfare - - Health
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kimiaki Shirahama).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.