IDEAS home Printed from https://ideas.repec.org/a/taf/rjapxx/v29y2024i4p1893-1910.html
   My bibliography  Save this article

Economic analysis of exposure to the elevated level of PM10 in Vietnam: a COI and WTP approach

Author

Listed:
  • Tien Dung Khong
  • Yen Dan Tong
  • David Walker
  • Khai Viet Huynh

Abstract

To understand the harm caused by air pollution and attract attention from government agencies, this study estimates the exposure to the elevated level of PM10 and its effect on health. This study employed two distinct approaches: cost-of-illness (COI) and willingness-to-pay (WTP). The results revealed that people are willing to pay for risk reduction initiatives, and the difference between COI and WTP is negligible. The entire sum estimated from the COI and WTP is adequate to pay the complete expenses of air pollution mitigation measures such as the deployment of Bus Rapid Transit. Therefore, government officials may concentrate on the best technique for lowering air pollution, notably in Vietnam. In the short term, hiking taxes to reduce carbon emissions in the city and implementing a subsidy plan for impacted stakeholders may be necessary. On the other hand, long-term solutions may include economic transformation and the building of a greener metropolis.

Suggested Citation

  • Tien Dung Khong & Yen Dan Tong & David Walker & Khai Viet Huynh, 2024. "Economic analysis of exposure to the elevated level of PM10 in Vietnam: a COI and WTP approach," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 29(4), pages 1893-1910, October.
    • Handle: RePEc:taf:rjapxx:v:29:y:2024:i:4:p:1893-1910
    DOI: 10.1080/13547860.2023.2215585
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13547860.2023.2215585
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13547860.2023.2215585?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rjapxx:v:29:y:2024:i:4:p:1893-1910. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rjap .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.