气候变化领域集成服务门户(CCPortal): Evaluating the optimal air pollution reduction rate: Evidence from the transmission mechanism of air pollution effects on public subjective well-being

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DOI	10.1016/j.enpol.2021.112706
	Evaluating the optimal air pollution reduction rate: Evidence from the transmission mechanism of air pollution effects on public subjective well-being
	Sun C.; Yi X.; Ma T.; Cai W.; Wang W.
发表日期	2022
ISSN	0301-4215
卷号	161
英文摘要	Estimation of the effects of air pollution on residents' subjective welfare, which is always monetized as willingness to pay (WTP), is essential for policymakers to set the optimal abatement targets. This paper adopts Life Satisfaction Approach to explore the mechanism of air pollution affecting residents' subjective well-being (SWB), and calculates the optimal abatement rate. Based on CGSS data, we use the Probit model and the instrumental variables method to conduct empirical analysis. Results show that the positive indirect effect of air pollution through economic growth channel covers nearly 1/3 of the negative direct effect on SWB, which reduces people's willingness to pay for pollution control. Under the maximization of SWB, the optimal reduction rate is 62.857%. To achieve the optimal rate, about 5% of per capita GDP would have to be sacrificed, equivalent to a 20% increase in physical capital stock per capita, or a 13% boost of the human capital stock. When residents have lower education and higher self-rated health, the transmission mechanism amplifies the extent to which the indirect effects mask the direct effects, and the optimal reduction rate drops to 50%. © 2021 Elsevier Ltd
英文关键词	IV Probit model; Optimal emission reduction rate; Subjective well-being; Transmission mechanism of air pollution effects
语种	英语
scopus关键词	Air pollution; Economics; Personnel; Transmissions; Air pollution effects; Emission reduction; IV probit model; Optimal emission reduction rate; Probit models; Reduction rate; Subjective well-being; Transmission mechanism of air pollution effect; Transmission mechanisms; Well being; Emission control
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256419
作者单位	China Center for Energy Economics Research, School of Economics, Xiamen University, Xiamen, Fujian 361005, China; MOE Key Laboratory of Econometrics, School of Economics, Xiamen University, Xiamen, 361005, China; Department of Agricultural Economics, Sociology, and Education, Pennsylvania State University, University Park, PA, 16802, United States; Department of Finance, School of Economics, Xiamen University, Xiamen, 361005, China; The Center of Macroeconomics Research, School of Economics, Xiamen University, Xiamen, 361005, China
推荐引用方式 GB/T 7714	Sun C.,Yi X.,Ma T.,et al. Evaluating the optimal air pollution reduction rate: Evidence from the transmission mechanism of air pollution effects on public subjective well-being[J],2022,161.
APA	Sun C.,Yi X.,Ma T.,Cai W.,&Wang W..(2022).Evaluating the optimal air pollution reduction rate: Evidence from the transmission mechanism of air pollution effects on public subjective well-being.Energy Policy,161.
MLA	Sun C.,et al."Evaluating the optimal air pollution reduction rate: Evidence from the transmission mechanism of air pollution effects on public subjective well-being".Energy Policy 161(2022).