Air Quality Degradation: Can economics help in measuring its welfare effects? A Review of Economic Valuation Studies

Eva Kougea and Phoebe Koundouri ()
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Eva Kougea: Athens University of Economics and Business

No 1129, DEOS Working Papers from Athens University of Economics and Business

Abstract: This chapter provides a review of the existing literature on economic valuation studies which have attempted to elicit monetary values associated with air pollution, focusing in particular on human health, ecosystems services and buildings. Our aim is to provide a critical overview of the estimated benefits that public derive from an increase in air quality (or a reduction in environmental risk) by presenting a synthesis of the available quantitative empirical results. Finally, we discuss the usefulness of valuation studies in a policy context.

Date: 2011
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Working Paper: Air Quality Degradation: Can Economics Help in Measuring its Welfare Effects? A Review of Economic Valuation Studies (2011)
Working Paper: Air Quality Degradation: Can Economics Help in Measuring its Welfare Effects? A Review of Economic Valuation Studies (2011)
Chapter: Air Quality Degradation: Can Economics Help in Measuring its Welfare Effects? A Review of Economic Valuation Studies
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