Friday, December 9, 2011

Valuing Health Effects: The Case of Ozone and Fine Particles in Southern California

http://onlinelibrary.wiley.com/doi/10.1111/j.1465-7287.2010.00240.x/abstract
Abstract: This study presents a conservative estimate of the health benefits that would result from attainment of the federal ozone and fine particle (PM2.5) standards in the South Coast Air Basin of southern California. A three-stage approach is used that links pollution exposures to adverse health outcomes to economic values. The annual value of the aggregate health benefits approaches $500 million (with a range of $295–$646 million) for ozone and exceeds $21 billion (with a range of $12.85–$34.22 billion) for fine particles. Such results are useful to regulatory agencies and other policy makers when evaluating the merits of various air pollution reduction strategies.

by Victor Brajer 1, Jane V. Hall 2 and Frederick W. Lurmann 3
1. Professor, Department of Economics, California State University, 800 North State College Blvd., Fullerton, CA 92834. Phone 657-278-3818, Fax 657-278-3097, E-mail vbrajer@fullerton.edu
2. Professor, Department of Economics, California State University, 800 North State College Blvd., Fullerton, CA 92834. Phone 657-278-2236, Fax 657-278-3097, E-mail jhall@fullerton.edu
3. President Emeritus and Manager of Exposure Assessment Studies, Sonoma Technology, Inc., 1455 North McDowell Blvd., Suite D, Petaluma, CA 94954. Phone 707-665-9900, Fax 7070-665-9800, E-mail fred@sonomatech.com
Contemporary Economic Policy via Wiley Online Library http://onlinelibrary.wiley.com
Western Economic Association International
Volume 29, Issue 4; October, 2011; Pages 524–535

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