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Existing Literature and Recommended Strategies for Valuation of Children's Health Effects

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  • Jim Neumann
  • Harriet Greenwood
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    Abstract

    This paper focuses on the availability and use of existing literature for the valuation of children's health effects. Because the emphasis on children's health is relatively new, available studies focus on a small subset of health effects and the economic data available are very limited. This paper first presents an overview of methodologies used in the existing literature and provides an overall structure for discussing major classes of children's health effects. We then classify the available literature by health effect category, discuss the literature and suggest strategies for the use of valuation and other information in benefits and policy analyses. Our overall conclusion is that analysts need to interpret the existing child-focused studies with care.

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    File URL: http://yosemite.epa.gov/ee/epa/eed.nsf/WPNumber/2002-07/$File/2002-07.PDF
    File Function: First version, 2002
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    Bibliographic Info

    Paper provided by National Center for Environmental Economics, U.S. Environmental Protection Agency in its series NCEE Working Paper Series with number 200207.

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    Length: 42 pages
    Date of creation: Sep 2002
    Date of revision: Sep 2002
    Handle: RePEc:nev:wpaper:wp200207

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    Related research

    Keywords: children; valuation; health effects; benefit transfer;

    References

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    1. Joyce, Theodore J. & Grossman, Michael & Goldman, Fred, 1989. "An assessment of the benefits of air pollution control: The case of infant health," Journal of Urban Economics, Elsevier, vol. 25(1), pages 32-51, January.
    2. Loehman, E. T. & Berg, S. V. & Arroyo, A. A. & Hedinger, R. A. & Schwartz, J. M. & Shaw, M. E. & Fahien, R. W. & De, V. H. & Fishe, R. P. & Rio, D. E., 1979. "Distributional analysis of regional benefits and cost of air quality control," Journal of Environmental Economics and Management, Elsevier, vol. 6(3), pages 222-243, September.
    3. Mark D. Agee & Thomas D. Crocker, 1996. "Parental Altruism and Child Lead Exposure: Inferences from the Demand for Chelation Therapy," Journal of Human Resources, University of Wisconsin Press, vol. 31(3), pages 677-691.
    4. Magnus Johannesson & Per-Olov Johansson, 1997. "The value of life extension and the marginal rate of time preference: a pilot study," Applied Economics Letters, Taylor & Francis Journals, vol. 4(1), pages 53-55.
    5. Smith, V. Kerry & Van Houtven, George, 1998. "Non-Market Valuation and the Household," Working Papers 98-04, Duke University, Department of Economics.
    6. Johannesson, Magnus & Johansson, Per-Olov, 1996. "To Be, or Not to Be, That Is the Question: An Empirical Study of the WTP for an Increased Life Expectancy at an Advanced Age," Journal of Risk and Uncertainty, Springer, vol. 13(2), pages 163-74, September.
    7. Donald S. Shepard & Richard J. Zeckhauser, 1984. "Survival versus Consumption," Management Science, INFORMS, vol. 30(4), pages 423-439, April.
    8. Jones-Lee, M W & Hammerton, M & Philips, P R, 1985. "The Value of Safety: Results of a National Sample Survey," Economic Journal, Royal Economic Society, vol. 95(377), pages 49-72, March.
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