GTAP Resources: Resource Display
| GTAP Resource #7203 |
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"Valuing Air Pollution's Impact on Labor Productivity in General Equilibrium" by Maniloff, Peter and Andrew Schreiber Abstract This paper develops a novel model of shocks to labor productivity in a computable general equilibrium framework. We use this model to estimate welfare impacts of labor productivity changes due to changes in air pollution. We document that labor market productivity changes associated with a one microgram per cubic meter reduction in PM2.5 have a large welfare impact, with welfare changes of up to approximately one percent of full consumption utility or sixty percent of mortality impacts. Allowing for sector-specific shocks or impacts to leisure preferences have little effect on aggregate results. The aggregate welfare effect is approximately proportional to the shock size. |
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- Environmental policies - Domestic policy analysis - Labor market issues - Advances in quantitative methods - Dynamic modeling - North America |
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Public Access  Paper (267.2 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
