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- Title
Air Pollution and Willingness to Pay for Health: An Econometric Analysis for Kerala.
- Authors
Baby, P. K.
- Abstract
Economic valuation of loss in human health is important in the context of developing countries, because it has manifold social and welfare implications. This paper estimates values of health effects due to air pollution with special reference to Cochin industrial agglomeration, using household production function approach. The primary data collected from household surveys are used for the estimation. Analyzing the data, this study finds that environmental variables have a large effect on health status. The results indicate that Restrictive Activity Days (RAD) in moderately polluted areas is 12% higher than the least polluted areas, while in highly polluted areas, it is 18% higher than the least polluted areas. This study shows that air pollution creates a large amount of external costs in Kerala and it is not internalized using economic or technical measures.
- Subjects
KERALA (India); INDIA; PHYSIOLOGICAL effects of air pollution; INDUSTRIAL clusters; HOUSEHOLD surveys; ECONOMETRICS
- Publication
ICFAI Journal of Environmental Economics, 2008, Vol 6, Issue 2, p38
- ISSN
0972-9313
- Publication type
Article