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A WTP model showing the relationships between three approaches for pollution
Wilson, C. (1999-12-01) A WTP model showing the relationships between three approaches for pollution. Discussion Paper No 268, Department of Economics, The University of Queensland.
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| Attached Files (Some files may be inaccessible until you login with your UQ eSpace credentials) |
| Name |
Description |
MIMEType |
Size |
Downloads |
DP268Dec99.pdf
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DP268Dec99.pdf |
application/pdf |
245.70KB |
954 |
| Author(s) |
Wilson, C.
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| Title |
A WTP model showing the relationships between three approaches for pollution
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| School, Department or Centre |
Department of Economics
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| Institution |
The University of Queensland
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| Report Number |
Discussion Paper No 268
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| Publication date |
1999-12-01
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| Language |
eng
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| Subject |
340202 Environment and Resource Economics
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| Abstract/Summary |
In this paper, a simple willingness to pay (WTP) model that shows the theoretical relationships among three valuation approaches that can be used to measure changes in health resulting from pollution is developed. The three valuation approaches considered are the contingent valuation (CV), cost of illness (COI) and the defensive behaviour approaches. After showing the relationships between the three valuation approaches, the model demonstrates that the CV approach exceeds the COI and the defensive behaviour approaches. The theoretical results are supported by field survey data. The pollution referred to in this paper is direct exposure to pesticides by farmers during handling and spraying on their farms.
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| Keyword(s) |
Pollution
Contingent valuation method
Pesticides
Defensive behaviour method
Cost of illness method
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