George Marten (Heriot-Watt University) will present his paper “EUK Air Pollution: Gross Damages vs Value Added” on March 11th at 10:30 AM, room QA405.
Abstract:
Gross Value Added (GVA) is overestimated due to the creation of air pollution, but the extent of this overestimation might have declined over the last two decades of improved to air quality in the UK. This paper will adjust a model developed for US air pollution accounting in Muller and Mendelsohn (2007), which has been applied extensively to US data. Estimating gross external damages of air pollution will help in evaluating the relative benefits of various recent emissions policies in the UK, specifically within cities.