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Estimating the value of the reduction in air pollution during the Beijing Olympics

Robert Mendelsohn and 1 other contributor

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    Publication Date
    DEC
    Journal
    ENVIRONMENT AND DEVELOPMENT ECONOMICS
    Location
    https://doi.org/10.1017/S1355770X11000210
    Citation
    Du, X. ., & Mendelsohn, R. . (2011). Estimating the value of the reduction in air pollution during the Beijing Olympics. ENVIRONMENT AND DEVELOPMENT ECONOMICS, 16, 735-749. https://doi.org/10.1017/S1355770X11000210 (Original work published 2024)

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    Faculty
    RO Mendelsohn

    Robert O. Mendelsohn Edwin Weyerhaeuser Davis Professor of Forest Policy; Professor of Economics; and Professor, School of Management

    Abstract

    This study estimates the willingness-to-pay (WTP) of Beijing residents in order to maintain the improved air quality experienced during the Olympic Games. A double-bounded contingent valuation method is applied to a survey of 566 Beijing residents. The results indicate that the mean annual WTP per household is between CNY 22,000 and 24,000, and the median WTP is around CNY 1,700. The WTP for this actually experienced improvement is significantly higher than the results from previous hypothetical WTP surveys in China.