{"refrec":{"BRefID":304443,"RR":"<b>Welsch, H.</b> (2006). Environment and happiness: Valuation of air pollution using life satisfaction data. <i>Ecol. Econ. 58(4)</i>: 801-813. <a href=\"https://dx.doi.org/10.1016/j.ecolecon.2005.09.006\" target=\"_blank\">https://dx.doi.org/10.1016/j.ecolecon.2005.09.006</a>","BEntID":296737,"PublicFlag":1,"CheckedFlag":0,"wosflag":1,"vabbflag":1,"RefStringPartII":". <i>Ecol. Econ. 58(4)</i>: 801-813. <a href=\"https://dx.doi.org/10.1016/j.ecolecon.2005.09.006\" target=\"_blank\">https://dx.doi.org/10.1016/j.ecolecon.2005.09.006</a>","DocTypID":8,"DocType":"Journal article","MarineFlag":0,"FreshFlag":0,"BrackishFlag":0,"TerrestrialFlag":0,"Authorstring":"Welsch, H.","OrigTitleTranslFlag":0,"Authorstringtrunc":"Welsch, H.","Englishabstract":"This paper explores the relationship between pollution and reported subjective well-being (happiness) in ten European countries. Using a set of panel data from happiness surveys, jointly with data on income and air pollution, it examines how self reported well-being varies with prosperity and environmental conditions and calculates the implied valuation of changes in air pollution. The paper finds that air pollution plays a statistically significant role as a predictor of inter-country and inter-temporal differences in subjective well-being. The effect of air pollution on well-being translates into a considerable monetary value of improved air quality. The improvements achieved in Western Europe in the 1990s are valued at about $750 per capita per year in the case of nitrogen dioxide and about $1400 per capita per year in the case of lead. 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