Environmental Economics

Experiments in Valuing Non-Market Goods: A Case Study of Alternative Benefit Measures of Air Pollution Control in the South Coast Air Basin of Southern California, Volume II of Methods Development for Assessing Air Pollution Control Benefits

This 1979 study on the economic benefits of air pollution control includes the empirical results obtained from two experiments to measure the health and aesthetic benefits of air pollution control in the South Coast Air Basin of Southern California. Each experiment involved the same six neighborhood pairs, where the pairings were made on the basis of similarities in housing characteristics, socio-economic factors, distances to beaches and services, average temperatures, and subjective indicators of housing quality. The elements of each pair differed substantially only in terms of air quality. Data on actual residential property transactions and on stated preferences in air quality were collected.
The results indicate that air quality deterioration in the Los Angeles area has had substantial negative effects on housing prices and that these effects are comparable in magnitude to what people say they are willing to pay for improved air quality.

  • Keywords

    Subject:
    1. Benefits Analysis
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Stated Preference
    1. Benefits Analysis - Valuation - Stated Preference - Contingent Valuation
    1. Benefits Analysis - Valuation - Revealed Preference
    1. Benefits Analysis - Valuation - Revealed Preference - Property Value
    Environmental Media:
    a. Air
    a. Air - Tropospheric
    Authors:
    Brookshire, David S.
    d'Arge, Ralph C.
    Schulze, William D.
    Thayer, Mark A.
    EPA Project Officer/ Manager:
    Carlin, Alan
    Geographic Area:
    California, Los Angeles
    Study Purpose:
    Empirical Application, Methodology Development & Evaluation
    Report Series:
    Methods Development for Assessing Air Pollution Control Benefits
    Inventory Record #: EE-0271B
    List of all reports in the Series:
  • Participating Organizations

    Research Organization:

    Wyoming, University ofAddress:
    City: Laramie State: WY ZIP:
    Phone: Fax:
    E-mail:
    Funding Organization:
    Environmental Protection Agency
    Office of Health and Ecological Effects
    Office of Research and Development
    Address:
    City: Washington State: DC ZIP: 20460
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    02/01/1979
    Number of Pages:
    221
    Comment: Listed on Web page as Alternative Benefit Measures of Air Pollution Control in the South Coast Air Basin of Southern California. For a summary, see Experimental Methods for Valuing Aesthetics and Health Effects in the South Coast Air Basin: An Overview, by the same authors.
    EPA #:
    NTIS #:
    Grant/Contract #:
    EPA-600/5-79-001b
    PB-293616
    R805059010
  • How to Obtain Report


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    Date Linked: 05/28/2009
    Other Ways to Obtain the Report:
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    By phone: 1-800-553-6847 or 703-605-6000;
    By mail: NTIS, Department of Commerce, 5285 Port Royal Rd., Springfield, VA 22161;
    By World Wide Web: [http://www.ntis.gov].
    You will need the following NTIS report #: PB-293616