Fukushima Dai-Ichi and the Economics of Nuclear Decontamination
Economic analysis of nuclear accidents and their aftermath is comparatively rare. In this paper, in the light of the Japanese government’s intensive efforts to decontaminate areas affected by radioactive Caesium from Fukushima dai-ichi nuclear power plant, we create a cost-benefit framework for assessing the merits of decontamination strategies. Using some benchmark data for Japan we estimate that optimal delay is positive for most reasonable parameter values. For low value land, optimal delay could be in excess of 30 years. For higher value, urban land, optimal delay generally lies in the range of 5-10 years.
|Date of creation:||May 2012|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.grips.ac.jp/r-center/en/discussion_papers/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nick Hanley & Carol A. Salt & Mike Wilson & Meara Culligan-Dunsmore, 2001. "Evaluating alternative "countermeasures" against food contamination resulting from nuclear accidents," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(2), pages 92-109.
- Lehmann, Hartmut & Wadsworth, Jonathan, 2011.
"The impact of Chernobyl on health and labour market performance,"
Journal of Health Economics,
Elsevier, vol. 30(5), pages 843-857.
- Hartmut Lehmann & Jonathan Wadsworth, 2011. "The Impact of Chernobyl on Health and Labour Market Performance," CEP Discussion Papers dp1052, Centre for Economic Performance, LSE.
- Douglas Almond & Lena Edlund & Mårten Palme, 2007.
"Chernobyl's Subclinical Legacy: Prenatal Exposure to Radioactive Fallout and School Outcomes in Sweden,"
NBER Working Papers
13347, National Bureau of Economic Research, Inc.
- Douglas Almond & Lena Edlund & Mårten Palme, 2009. "Chernobyl's Subclinical Legacy: Prenatal Exposure to Radioactive Fallout and School Outcomes in Sweden," The Quarterly Journal of Economics, MIT Press, vol. 124(4), pages 1729-1772, November.
- Kenshi Itaoka & Aya Saito & Alan Krupnick & Wiktor Adamowicz & Taketoshi Taniguchi, 2006. "The Effect of Risk Characteristics on the Willingness to Pay for Mortality Risk Reductions from Electric Power Generation," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 33(3), pages 371-398, 03.
When requesting a correction, please mention this item's handle: RePEc:ngi:dpaper:12-01. See general 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: ()
If references are entirely missing, you can add them using this form.