Authors : Nguyen Viet Hanh and Shin Hio Jung
Abstract: The purpose of this study is to determine the disease factors that affect the willingness to pay for the environmental quality improvement and estimate the willingness to pay and treatment cost in Hanoi city using contingent valuation method. Binary logistic model and linear regression model are applied for the analysis. The results show that the diseases and treatment cost have powerful influences on WTP and WTP level. The truncate mean WTP value was 19749.7639 VND. WTP for each typical disease is also estimated. In particular, WTP of respiratory problem was highest with 24247.85301 VND while it was 25315.08039 VND for WTP of dermatitis the lowest being 11367.27651 VND for pneumonia.
Nguyen Viet Hanh and Shin Hio Jung, 2012. Assessment of Air Pollution Related Health Problems and Willingness to Pay for Improved Environment in Hanoi, Vietnam: An Application of Contingent Valuation Method. Agricultural Journal, 7: 273-281.