Environmental Valuation & Cost-Benefit News
Longer life, higher welfare?
03/29/08
04:03:45 pm, by damageva 
, 203 words, 100 views 
Categories: Non-Environmental, Europe, Academic Study/Journal Article, Costs and Benefits
Longer life, higher welfare?
Abstract: Whereas life expectancy continues to increase in most industrialized countries, many developing and transition countries are today confronted with decreases in life expectancy. Usual measures employed to compare welfare over time and space fail to deal with such demographic change and may lead to the so-called ‘repugnant conclusion’ that lower life expectancy involves higher welfare per capita. We illustrate this type of transmission channel using various welfare criteria and reference populations. We also consider feed-back effects from the demography on the economy using a neo-classical growth model. We show that the ‘repugnant conclusion’ can be avoided if we choose a lifetime welfare measure instead of a period (or snapshot) welfare measure. All concepts are illustrated empirically using a small sample of developed and developing countries.
by Michael Grimm 1 and Kenneth Harttgen 2
1. Institute of Social Studies, Kortenaerkade 12, P.O. Box 29776, 2502 LT, The Hague, The Netherlands; University of Göttingen, Germany; DIAL, Paris, France; DIW, Berlin, Germany; e-mail: grimm@iss.nl
2. University of Göttingen, Department of Economics, Platz der Göttinger Sieben 3, 37073 Göttingen, Germany; e-mail: k.harttgen@wiwi.uni-goettingen.de
Oxford Economic Papers via Oxford University Press
Volume 60, Issue 2; 2008; Pages 193-211
doi:10.1093/oep/gpm025
http://oep.oxfordjournals.org/cgi/content/abstract/60/2/193?etoc
Trackback address for this post:
http://envirovaluation.org/htsrv/trackback.php/5579
Comments, Trackbacks, Pingbacks:
No Comments/Trackbacks/Pingbacks for this post yet...
Leave a comment:
Search
Environmental Valuation & Cost-Benefit News
Environmental Valuation & Cost Benefit News covers legal, academic, and regulatory developments pertaining to the valuation of environmental amenities and disamenities, such as clean air, trees, parks, congestion, and noise. We apprise the reader about ways in which costs and benefits are measured, and the results of empirical studies. We hope that this information will allow public and private organizations to comprehend the risks and benefits of various actions, help disputants to resolve conflicts equitably and efficiently, and improve the quality of public policies. We will only discuss issues related to the empirical quantification of private and social costs and benefits and damages, and summarize information from daily newspapers, academic journals, legal publications, court decisions, professional newsletters commissioned studies, and on-line services. This newsletter is dedicated to the principal that all policies place values upon life, liberty, and the pursuit of happiness. We believe that more information, explicit specification of assumptions, and rigorous analysis can help our society to better meet these ends. This site will increasingly serve, in conjunction with others, as a valuation database. We will include a wide range of studies, including non-environmental reports, because omission of a factor effectively values it at zero, and biases decisions. Heavy traffic has caused several site crashes. We are attempting to correct these problems. Apologies for any inconvenience.
Categories
- All
- Air (1022)
- Climate Change GHG Carbon CO2 (800)
- Energy (1477)
- General (1498)
- Ecosystem Valuation (198)
- Natural Resource Damages (61)
- Recreation (1)
- Land (300)
- Agriculture, Forestry and Food (526)
- Contaminated Properties (550)
- Brownfield Redevelopment (182)
- Green Buildings (340)
- Green Roofs (111)
- Hazardous Waste (114)
- Preservation & Open Space (243)
- Sprawl & Smart Growth (102)
- Waste & Recycling (289)
- Land + Water (113)
- Beach Erosion (21)
- Endangered Species (169)
- Groundwater (97)
- Invasive Species (0)
- Wastewater (3)
- Wetlands (64)
- Natural Hazards (80)
- Floods (58)
- Hurricanes (39)
- Tornadoes (4)
- Weather (18)
- Non-Environmental (331)
- Economic Development (388)
- Education (52)
- Health (330)
- Real Estate Construction Housing (280)
- Transportation (304)
- Water (844)
- zContaminants (1)
- Arsenic (21)
- Asbestos (42)
- Cadmium (10)
- Dioxin (8)
- Flyash (6)
- Lead (52)
- Mercury (52)
- MTBE (24)
- Nitrogen/Nitrates (74)
- Nuclear (50)
- Oil/Gasoline/Benzene (149)
- Ozone (12)
- Particulates (28)
- PCBs (35)
- Perc, TCE (27)
- PVCs (2)
- Sulfur, SO2 (57)
- zLocation (0)
- Africa (95)
- Asia (274)
- Australia, New Zealand (120)
- Canada (101)
- Europe (508)
- Latin America (93)
- U.K. (218)
- U.S. (1159)
- Midwest (244)
- Northeast (72)
- Connecticut (32)
- Massachusetts (61)
- New Jersey (73)
- New York State (54)
- Long Island (21)
- New York City (88)
- Upstate (23)
- Westchester, Rockland, Putnam, Dutchess, Orange Counties (18)
- Pennsylvania (65)
- South (127)
- Florida (68)
- Southwest--AZ,TX,NM (42)
- Texas (46)
- TN,KY,AK (0)
- VA,WV,MD,DE (1)
- Washington DC (87)
- West (178)
- California (257)
- Colorado (47)
- Washington & Oregon (29)
- zType (2)
- Academic Study/Journal Article (2072)
- Book (75)
- Companies,CSR,Business,Finance (1151)
- Computer Software/Database (298)
- Conference/Meeting/Seminar (161)
- Contamination Cost (944)
- Cost-Benefit Analysis (407)
- Costs and Benefits (2261)
- Environmental Economics / Ecological Economics (675)
- Free Report at Time of Entry (22)
- Government Report (921)
- Legal, Fines (388)
- Multimedia -- Audio and/or Video (39)
- Newspaper/Mag/TV/Media Story (1766)
- Opinion (Not Likely Ours EV&CBN) (47)
- Press Release (May be biased) (158)
- Regulatory Analysis (1192)
- Research Institute NGO NonProfit (732)
- Savings (620)
- Theory (88)
- zzMethods (14)
- Contingent Valuation, Surveys,.. (258)
- Hedonic Analysis (90)
- Input/Output (32)
- Travel Cost Method (20)
Archives
- May 2008 (32)
- April 2008 (32)
- March 2008 (110)
- February 2008 (106)
- January 2008 (133)
- December 2007 (130)
- November 2007 (100)
- October 2007 (67)
- September 2007 (108)
- August 2007 (80)
- July 2007 (1)
- May 2007 (80)
- More...
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
|---|---|---|---|---|---|---|
| << < | > >> | |||||
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | 31 |
Choose skin
Environmental Valuation & Cost-Benefit News
- 05/16/08: Ecological Economics of the Oceans and Coasts [en-US]
- 05/16/08: Environmental Finance Tools and Sample Sustainability Program among Materials Available from International City/County Management Association (ICMA) Hosted Webcast [en-US]
- 05/16/08: Solar Power Sizzles [en-US]
- 05/16/08: The "Invisible" U.S. Energy Efficiency Boom: ACEEE Report Finds U.S. Energy consumption Cut in Half By One Major Measure Since 1970 - But Much of the Untapped Energy Efficiency Potential Could Be Wasted - 3:1 Lead Over Traditional Energy Investments [en-US]
- 05/16/08: Two Conceptions of Irreversible Environmental Harm [en-US]
- 05/15/08: Ecological Economics May 15, 2008 Issue: Special Section: Integrated Hydro-Economic Modelling for Effective and Sustainable Water Management [en-US]
- 05/15/08: Intergenerational discounting: A case from Hong Kong [en-US]
- 05/14/08: Reliability of individual valuations of public and private goods: Choice consistency, response time, and preference refinement [en-US]
- 05/14/08: Cost-Effectiveness of Alternative Integrated Pest Management Extension Methods: An Example from Bangladesh [en-US]
- 05/14/08: Salmon Gone, Fishermen Try to Adapt on a Changing Coast [en-US]
- 05/14/08: Optimal planning of co-firing alternative fuels with coal in a power plant by grey nonlinear mixed integer programming model [en-US]
- 05/11/08: Subtherapeutic Antibiotics and Productivity in U.S. Hog Production [en-US]
- 05/10/08: The Effect of Community Gardens on Neighboring Property Values [en-US]
- 05/10/08: Black Beauty Coal Co. to create new wetlands in Indiana as part of settlement with EPA [en-US]
- 05/10/08: Consumer Attitudes toward GM Food and Pesticide Residues in India [en-US]
- 05/10/08: Bicycle-Sharing Program to Be First of Kind in U.S. [en-US]
- 05/10/08: Watching water: A guide to evaluating corporate risks in a thirsty world [en-US]
- 05/10/08: Balancing risk and cost in fuzzy economic dispatch including wind power penetration based on particle swarm optimization [en-US]
- 05/10/08: EPA Advisory Committee Releases Environmental Technology Commercialization Report [en-US]
- 05/10/08: In China City, Protesters See Pollution Risk of New Plant [en-US]
- 05/08/08: A framework for valuing the health benefits of improved bathing water quality in the River Irvine catchment [en-US]
- 05/05/08: Resources For the Future Seminar: Legislation and Regulation Aren't Enough: Challenges in Implementation of Environmental Protection Statutes - Wednesday, May 7, 2008 [en-US]
- 05/05/08: How Can One Allocation Provision Undermine a Cap-and-Trade Program? Section 3902 of the Lieberman-Warner Bill Offers a Warning about Risks in the Allowance Allocation Debate [en-US]
- 05/05/08: Where Does Energy R&D Come From? A First Look at Crowding Out from Environmentally-Friendly R&D; U.S. EPA National Center for Environmental Economics Climate Seminar June 17, 2008 [en-US]
- 05/04/08: Confined Animal Feeding Operations Cost Taxpayers Billions, New Report Finds [en-US]
- 05/04/08: Video Available Resources For the Future Seminar: Curbing Electricity Demand: Who, How - April 9, 2008 [en-US]
- 05/04/08: Moderating effect of forest cover on the effect of proximity to chemical facilities on property values [en-US]
- 05/04/08: Hydrogen no longer a high cost solution to global warming: New ideas [en-US]
- 05/04/08: President Bush realigns hydrogen, fuel cell funding for fiscal 2009 [en-US]
- 05/04/08: A hydrogen energy system and prospects for reducing emissions of fossil fuels pollutants in the Ceará state—Brazil [en-US]
- More posts...
XML Feeds