Valuing environmental health for informed policy-making

Vojtěch Máca, Jan Melichar, Milan Ščasný and Marketa Braun Kohlová

MPRA Paper from University Library of Munich, Germany

Abstract: Monetized environmental health impact assessment helps to better evaluate the environmental burden of various economic activities. Apart from limitations and uncertainties in physical and biological science used in such assessments, assumptions taken in economic valuation may also substantially influence subsequent policy-making considerations. To demonstrate the effect of these considerations in quantitative terms we show how estimated external costs of coal mining and use of extracted coal in electricity and heat generation vary under different policy-making perspectives and choice of monetary values for impacts in different countries.

Keywords: air pollution; external costs; impact assessment; impact-pathway approach (search for similar items in EconPapers)
JEL-codes: I18 Q51 Q53 (search for similar items in EconPapers)
Date: 2017, Revised 2017
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Published in Reviews on Environmental Health 1-2.32(2017): pp. 171-175

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