Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/7719
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dc.contributor.authorFerreira, Susana-
dc.contributor.authorMoro, Mirko-
dc.date.accessioned2013-06-09T10:37:16Z-
dc.date.issued2010-07-
dc.identifier.urihttp://hdl.handle.net/1893/7719-
dc.description.abstractThis paper explores the potential of using subjective well-being (SWB) data to value environmental attributes. A theoretical framework compares this method, also known as the life-satisfaction approach, with the standard hedonic pricing approach, identifying their similarities and differences. As a corollary, we show how SWB data can be used to test for the equilibrium condition implicit in the hedonic approach (i.e., equality of utility across locations). Results for Ireland show that the equilibrium condition required by the hedonic pricing approach in Irish markets does not hold. They also show that air quality, in the baseline specification, andwarmer climate, across all the specifications, have a significant positive impact on SWB. Their associated monetary estimates, however, seem too large.en_UK
dc.language.isoen-
dc.publisherSpringer-
dc.relationFerreira S & Moro M (2010) On the use of subjective well-being data for environmental valuation, Environmental and Resource Economics, 46 (3), pp. 249-273.-
dc.rightsThe publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.-
dc.subjectEnvironmental valuationen_UK
dc.subjectHappinessen_UK
dc.subjectHedonic pricingen_UK
dc.subjectSubjectivewell-beingen_UK
dc.subjectLife satisfactionen_UK
dc.subjectClimateen_UK
dc.subjectAir pollutionen_UK
dc.titleOn the use of subjective well-being data for environmental valuationen_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2999-12-31T00:00:00Z-
dc.rights.embargoreasonThe publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.-
dc.identifier.doihttp://dx.doi.org/10.1007/s10640-009-9339-8-
dc.citation.jtitleEnvironmental and Resource Economics-
dc.citation.issn0924-6460-
dc.citation.volume46-
dc.citation.issue3-
dc.citation.spage249-
dc.citation.epage273-
dc.citation.publicationstatusPublished-
dc.citation.peerreviewedRefereed-
dc.type.statusPublisher version (final published refereed version)-
dc.author.emailmirko.moro@stir.ac.uk-
dc.contributor.affiliationUniversity of Georgia-
dc.contributor.affiliationEconomics-
dc.rights.embargoterms2999-12-31-
dc.rights.embargoliftdate2999-12-31-
dc.identifier.isi000278401900001-
Appears in Collections:Economics Journal Articles

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