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Measuring the welfare cost of air pollution in Shanghai: evidence from the housing market

机译:衡量上海空气污染福利成本:来自住房市场的证据

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摘要

The purpose of this study is to quantify the marginal willingness to pay (MWTP) for clean air in China. We provide the first estimate of MWTP for clean air by implementing a hedonic method using housing price and air quality data from Shanghai. Our estimates imply that air pollution has a significant and negative impact on housing price. We also find that the willingness to pay for better air quality varies significantly across different income groups. This paper helps to deepen our understanding of the economic impacts of air pollution in emerging Asian metropolises where residents are suffering from the most severe respiratory health problems.
机译:本研究的目的是量化在中国清洁空气支付(MWTP)的边际意愿。 我们通过从上海的房价和空气质量数据实施储层方法,为清洁空气提供MWTP的第一估计。 我们的估计意味着空气污染对住房价格具有显着和负面影响。 我们还发现,在不同的收入群体中愿意支付更好的空气质量的意愿。 本文有助于深化我们对空气污染在新兴亚洲大都市的经济影响的理解,居民患有最严重的呼吸系统健康问题。

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