Water quality in China has seriously deteriorated in recent years. However, very few valuation studies have been conducted to estimate the monetary values associated with water quality changes. As a result, the decisi...
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The paper is supported by the MOE (Ministry of Education in China) Project of Humanities and Social Sciences (No. 09YJC790182) and by the National Social Science Foundation of China (No. 10AZD015). We thank Max Auffhammer, Soren Anderson, Li Gan, Timo Goeschl, Joe Herriges, Cathy Kling, Kerry Smith, and participants at the Global Environmental Challenges: the Role of China conference for their helpful comments. We thank Min Wang for excellent research assistance, Chunguang Cai, Ye Chen, and Jingjing Sun for help with focus groups, and the Beijing and Shanghai Branches of the National Statistics Bureau of China for assistance in implementation of our survey instruments. The usual disclaimer applies.
We estimate the willingness to pay (WTP) of Beijing and Shanghai residents for improving the air quality of the two cities from their levels prior to the 2008 Beijing Olympic Games to the level achieved during the O...