IMPLICIT PRICES OF JOB RISK, CLIMATE, AND AIR POLLUTION: EVIDENCE FROM TAIWAN

IF 2.3 4区经济学 0 ECONOMICS

Climate Change Economics Pub Date : 2022-04-30 DOI:10.1142/s2010007822500075

N. Zhang, D. Shaw, Chuan-Yao Lin

引用次数: 0

Abstract

We examine the implicit price of job mortality rates, climate, and air pollution in Taiwan under the hedonic wage frame with panel data from 1999 to 2014. We adopt a fixed-effects model to control for the omitted year-specific factors and time-invariant individual, industry, and city factors that may affect the wage. The within-individual variations in climate and air pollution from workers who have changed their job locations make it possible to identify the impacts of climate and air pollution on wages. We find that workers in Taiwan are willing to pay 308 USD (in 2014 value terms) for the January temperature to increase by 1∘C,781 USD for the July temperature to decline by 1∘C, indicating a net loss from global warming. Besides, the implicit price of air quality is 45 USD for PM 10 concentrations to fall by 1 unit ([Formula: see text]), and the implicit price of job risks is 140 USD per unit (1/100,000).

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就业风险、气候和空气污染的隐含价格:来自台湾的证据

本研究以1999年至2014年的面板数据，检视享乐工资框架下，工作死亡率、气候与空气污染的隐含价格。我们采用固定效应模型来控制遗漏的特定年份因素和可能影响工资的时不变的个人、行业和城市因素。换了工作地点的工人在气候和空气污染方面的个体内部变化，使得确定气候和空气污染对工资的影响成为可能。我们发现，台湾工人愿意为1月气温升高1°C支付308美元(按2014年价值计算)，为7月气温下降1°C支付781美元，这表明全球变暖造成的净损失。此外，pm10浓度每下降1个单位，空气质量的隐含价格为45美元([公式:见文])，工作风险的隐含价格为140美元/单位(1/100,000)。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Climate Change Economics Multiple-

CiteScore

5.10

自引率

17.40%

发文量

期刊介绍： Climate Change Economics (CCE) publishes theoretical and empirical papers devoted to analyses of mitigation, adaptation, impacts, and other issues related to the policy and management of greenhouse gases. CCE is specifically devoted to papers in economics although it is understood that authors may need to rely on other fields for important insights. The journal is interested in papers examining the issue at every scale from local to global and papers from around the world are encouraged. CCE is also interested in both original research and review papers and welcomes comments discussing previous articles.