Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China
Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China
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Publisher
Chicago: The University of Chicago Press
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Language
English
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Publisher
Chicago: The University of Chicago Press
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Scope and Contents
Contents
We develop a framework to estimate willingness to pay for clean air from defensive investments on differentiated products. Applying this framework to scanner data on air purifier sales in China, we find that a household is willing to pay $1.34 annually to remove 1 μg/m3 of air pollution (PM10) and $32.7 annually to eliminate the pollution induced b...
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Full title
Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China
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TN_cdi_proquest_journals_2401546522
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2401546522
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ISSN
0022-3808
E-ISSN
1537-534X
DOI
10.1086/705554
