Contingent Valuation and the Economic Value of Air-Pollution-Related Health Risks in China

This study investigates the economic valuation of air-pollution-related health risks in China by applying the contingent valuation method. An individual interview survey is conducted to elicit resident's willingness-to-pay (WTP) for health risk reductions of asthma and mortality. Binary choice WTP question is used in the in-person interview. Using binary probit model, the estimated value of a statistical case of asthma is about US$2300, median VSL estimated is about US $24,000. The issues of private and public provision mechanisms of health risk reduction, and the scale effect of the WTP to the magnitude of risk are also discussed.


Issue Date:
2006
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/21366
Total Pages:
62
Series Statement:
Selected Paper 155203




 Record created 2017-04-01, last modified 2017-08-24

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