Individualized evaluation of health cost and health risks
Juying Zeng,
Eva-María Caplliure-Giner and
Consolación Adame-Sánchez
Journal of Business Research, 2019, vol. 101, issue C, 828-835
Abstract:
This paper presents an individualized evaluation of the health costs and health risks of haze pollution by conduction channels and conduction strengths. Ordinal probit model and quantile regression are used to analyze data on individuals in Hangzhou, an environmental friendly city in China. The analyses yield four findings. First, in Hangzhou, haze pollution increases citizens' health spending by >2.49 billion US dollars. Second, health costs are mainly driven by increased risks of respiratory infection. Third, the quantile analysis of health risks shows the conduction channels and corresponding strengths vary for different population groups by age and health status. Lastly, respondents were aware that they suffered haze-related health problems, while showed a surprising lack of interest in learning about the effects of haze pollution on health and finances. The findings suggest the need to increase government actions to raise citizens' awareness of the value of improving air quality throughout China.
Keywords: Health cost; Health risks; Conduction channel; Haze pollution; Ordinal evaluation; Quantile evaluation (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:101:y:2019:i:c:p:828-835
DOI: 10.1016/j.jbusres.2018.12.003
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