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Willingness to pay for clean air: Evidence from diesel vehicle registration restrictions in Japan

Nishitateno, Shuhei; Burke, Paul


This paper documents the effect of diesel vehicle registration restrictions introduced in Japan in 2001 in reducing suspended particulate matter (SPM) concentrations. The focus is on Aichi and Mie prefectures, home to a number of municipalities that were required to implement these restrictions in 2001. The paper then uses this intervention to estimate the causal effect of air pollution on land values. We obtain estimates of the elasticity of residential land prices with respect to SPM...[Show more]

CollectionsANU Research Publications
Date published: 2021-02-17
Type: Journal article
Source: Regional Science and Urban Economics
DOI: 10.1016/j.regsciurbeco.2021.103657
Access Rights: Open Access


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