Valuation of Health Economic Loss by Air Pollution in Beijing-Comparison of Contingent Valuation Method and Human Capital Method / 环境与健康杂志

ABSTRACT

Objective To explore the applicable method for the quantitative valuation of health economic loss by environmental pollution.Methods The contingent valuation method(CVM) and human capital method were respectively used to valuate the health economic loss by air pollution in Beijing and the comparison of the results was conducted.Results In 2005,the economic benefit of main air pollutants reduction by 50% in Beijing was 2.183 billion Yuan estimated by human capital method,and it was 10.891 billion Yuan estimated by CVM.The result of CVM is 4.99 times as high as that of human capital method.Conclusion CVM is a well recommended technique which can be used to estimate the total value of health loss by environment pollution,and this empirical study proved that it is feasible to estimated health economic loss in China.Further studies are needed to improve the efficiency of evaluation.