| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24157 |
| 来源ID | Working Paper 24157 |
| Willingness to Pay for Clean Air in China | |
| Richard Freeman; Wenquan Liang; Ran Song; Christopher Timmins | |
| 发表日期 | 2018 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | We develop a residential sorting model incorporating migration disutility to recover the implicit value of clean air in China. The model is estimated using China Population Census Data along with PM2.5 satellite data. Our study provides new evidence on the willingness to pay for air quality improvement in developing countries and is the first application of an equilibrium sorting model to the valuation of non-market amenities in China. We employ two novel instrumental variables based on coal-fired electricity generation and wind direction to address the endogeneity of local air pollution. Results suggest important differences between the residential sorting model and a conventional hedonic model, highlighting the role of moving costs and the discreteness of the choice set. Our sorting results indicate that the economic value of air quality improvement associated with a one-unit decline in PM2.5 concentration is up to $8.83 billion for all Chinese households in 2005. |
| 主题 | Environmental and Resource Economics ; Environment ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w24157 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581831 |
| 推荐引用方式 GB/T 7714 | Richard Freeman,Wenquan Liang,Ran Song,et al. Willingness to Pay for Clean Air in China. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24157.pdf（1177KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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