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

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  • Jim Neumann
  • Harriet Greenwood

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.

Suggested Citation

  • Jim Neumann & Harriet Greenwood, 2002. "Existing Literature and Recommended Strategies for Valuation of Children's Health Effects," NCEE Working Paper Series 200207, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
    • Handle: RePEc:nev:wpaper:wp200207
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    File URL: https://www.epa.gov/environmental-economics/working-paper-existing-literature-and-recommended-strategies-valuation
    File Function: First version, 2002
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    References listed on IDEAS

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    1. Joseph M. Prinzinger, 1993. "A Valuation of a Generic Child: The Investment Approach," Journal of Forensic Economics, National Association of Forensic Economics, vol. 6(2), pages 121-134, April.
    2. 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.
    3. 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 163-174, September.
    4. Smith, V. Kerry & Van Houtven, George, 1998. "Non-Market Valuation and the Household," Working Papers 98-04, Duke University, Department of Economics.
    5. 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.
    6. 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.
    7. 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.
    8. 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.
    9. Donald S. Shepard & Richard J. Zeckhauser, 1984. "Survival versus Consumption," Management Science, INFORMS, vol. 30(4), pages 423-439, April.
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    Cited by:

    1. Mark D. Agee & Thomas D. Crocker, 2004. "Transferring Measures of Adult Health Benefits to Children: A Review of Issues and Results," Contemporary Economic Policy, Western Economic Association International, vol. 22(4), pages 468-482, October.

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