How Much Are People Willing to Pay for Clean Air? Analyzing Housing Prices in Response to the Smog Free Tower in Xi’an

Zhang, Haiyong; Mao, Sanqin; Wang, Xinyu

doi:10.3390/ijerph181910210

Cited by 5 publications

(2 citation statements)

References 42 publications

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“…Compared with traffic emissions, air pollutants emitted by these factories are concentrated and visible. Therefore, suburban residents living near these factories may be more disgusted with the air pollution and more willing to pay for clean air (56,57). ( 2) Even though there are fewer infrastructure resources in the suburbs, more and more people move from the urban areas to the suburbs in order to enjoy a better quality of life, and these people attach great importance to the living environment (Shanghai Municipal People's Government, 2021).…”

Section: Spatial Heterogeneity Analysis Of Mwtpmentioning

confidence: 99%

Exploring the Spatial Heterogeneity of Residents' Marginal Willingness to Pay for Clean Air in Shanghai

Lai

Liu

et al. 2021

Front. Public Health

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Previous studies have paid little attention to the spatial heterogeneity of residents' marginal willingness to pay (MWTP) for clean air at a city level. To fill this gap, this study adopts a geographically weighted regression (GWR) model to quantify the spatial heterogeneity of residents' MWTP for clean air in Shanghai. First, Shanghai was divided into 218 census tracts and each tract was the smallest research unit. Then, the impacts of air pollutants and other built environment variables on housing prices were chosen to reflect residents' MWTP and a GWR model was used to analyze the spatial heterogeneity of the MWTP. Finally, the total losses caused by air pollutants in Shanghai were estimated from the perspective of housing market value. Empirical results show that air pollutants have a negative impact on housing prices. Using the marginal rate of transformation between housing prices and air pollutants, the results show Shanghai residents, on average, are willing to pay 50 and 99 Yuan/m2 to reduce the mean concentration of PM2.5 and NO2 by 1 μg/m3, respectively. Moreover, residents' MWTP for clean air is higher in the suburbs and lower in the city center. This study can help city policymakers formulate regional air management policies and provide support for the green and sustainable development of the real estate market in China.

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Section: Spatial Heterogeneity Analysis Of Mwtpmentioning

confidence: 99%

Exploring the Spatial Heterogeneity of Residents' Marginal Willingness to Pay for Clean Air in Shanghai

Lai

Liu

et al. 2021

Front. Public Health

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show abstract

“…The purchase decision process is a decision-making process in which consumers analyze and evaluate a product internally and then make a choice to buy it [49][50][51]. The process is systematic and involves the generation of needs and motivations, the selection of purchase options, the implementation of the purchase behavior, and the postpurchase evaluation.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Study on the Influencing Factors and Willingness to Pay of Consumers Purchasing Ecological Agricultural Products

Hao

Yin

et al. 2022

Journal of Environmental and Public Health

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With the steady rise of China’s agricultural production and management level, the market of ecological agricultural products has developed rapidly, and consumers are increasingly concerned about ecological agricultural products. Consumers’ cognition and purchase intention are the keys to determine their future development. This research is aimed at ensuring that consumers have access to high-quality ecological agricultural products, thereby promoting the supply and production of ecological agricultural products, minimizing agricultural carbon emissions, and providing information on sustainable food pricing. Based on the research status at home and abroad, this study combines the questionnaire survey method to study the influencing factors and willingness to pay of consumers purchasing ecological agricultural products. A total of 601 online questionnaires from consumers in Harbin, a city in northeastern China, were collected, and statistical factor analysis, principal component analysis, and regression analysis were used to study the influencing factors of consumers’ purchase of ecological agricultural products from both positive and negative aspects, and in-depth analysis of the reasons why consumers refuse to pay, get the most real willingness to pay and related influencing factors, and quantify the influence of various variables on consumers’ purchasing behavior was done. On this basis, a logit model of survival analysis is constructed to study the premium payment level of consumers for ecological agricultural products, and the payment premium is 24.95%. The research results show that married, who have purchased ecological agricultural products, the higher the understanding of ecological agricultural products, the consumers who buy ecological agricultural products in farmers’ markets, Meituan and community group purchases, and the households with higher monthly consumption of agricultural products have a significant positive correlation with consumers’ purchase of ecological agricultural products. The higher the education level, the older the age, and the larger the family size were significantly negatively correlated with consumers’ purchase of ecological agricultural products.

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Exploring the causal relationship between PM 2.5 air pollution and urban areas economic welfare and social‐wellbeing: Evidence form 15 European capitals

Andrei,

Cristea,

Nuţă

et al. 2024

Sustainable Development

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This paper aims to investigate the relationship between air pollution (PM2.5) and a collection of features related to urban areas economic welfare and social‐wellbeing based on data collected from a number of 15 European capitals, for a seven years' period (2010–2017). The empirical analysis describes the correlation between the particulate pollution and welfare features in selected urban areas. Moreover, the PM2.5 pollutions may affect the economic and social development of these areas as, both entrepreneurs and population are inclined to relocate for a healthier environment. The models emphasize aspects related to the impact of PM 2.5 on different dimensions as follows: real estate rent values and land prices, restaurants food prices, community economic development, human welfare, as well as urban traffic. From the various correlations we have also discovered that for the urban areas included in the research, at early stages urbanization has the highest impact on air pollution. The findings of this study may offer hints for decision makers for their social and economic policy options. A clean urban environment will attract more skilled employees seeking for economic, social and environmental wellbeing. If the urban agglomerations authorities will fail to mitigate properly the air pollution issues the wellbeing will decrease along with the willingness of urban population to stay in such areas.

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How Much Are People Willing to Pay for Clean Air? Analyzing Housing Prices in Response to the Smog Free Tower in Xi’an

Cited by 5 publications

References 42 publications

Exploring the Spatial Heterogeneity of Residents' Marginal Willingness to Pay for Clean Air in Shanghai

Exploring the Spatial Heterogeneity of Residents' Marginal Willingness to Pay for Clean Air in Shanghai

Study on the Influencing Factors and Willingness to Pay of Consumers Purchasing Ecological Agricultural Products

Exploring the causal relationship between PM 2.5 air pollution and urban areas economic welfare and social‐wellbeing: Evidence form 15 European capitals

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