Air Quality Degradation: Can economics help in measuring its welfare effects? A Review of Economic Valuation Studies
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.
Authors: | Kougea, Eva ; Koundouri, Phoebe |
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Institutions: | Department of International and European Economic Studies, Athens University of Economics and Business (AUEB) |
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