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Considerations in Applying the General Equilibrium Approach to Environmental Health Assessment 被引量:2
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作者 YUE WAN HONG-WEI YANG AND TOSHIHIKO MASUI 《Biomedical and Environmental Sciences》 SCIE CAS CSCD 2005年第5期356-361,共6页
There are currently two commonly used approaches to assessing economic impacts of health damage resulting from environmental pollution: human capital approach (HCA) and willingness-to-pay (WTP). WTP can be furthe... There are currently two commonly used approaches to assessing economic impacts of health damage resulting from environmental pollution: human capital approach (HCA) and willingness-to-pay (WTP). WTP can be further divided into averted expenditure approach (AEA), hedonlc wage approach (HWA), contingent valuation approach (CVA) and hedonlc price approach (HPA). A general review of the principles behind these approaches by the authors indicates that these methods are incapable of unveiling the mechanism of health impact from the point of view of national economy. On a basis of economic system, the shocks brought about by health effects of environmental pollution change the labor supply and medical expenditure, which in turn affects the level of production activity in each sector and the total final consumption pattern of the society. The general equilibrium approach within the framework of macroeconomic theory is able to estimate the health impact on national economy comprehensively and objectively. Its mechanism and applicability are discussed in detail by the authors. 展开更多
关键词 Human capital approach WILLINGNESS-TO-PAY general equilibrium approach
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