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ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH

Year 2013, Volume: 5 Issue: 1, 337 - 347, 01.06.2013

Abstract

Nowadays we face severe problems to tackle the valuation and management of
international public goods e.g. air, water etc. The debated question is that how
much is the monetary value of these international public goods and who will pay
for this for keeping their quality and quantity on the level, which provide good
living condition for the future generation? The answer also demands for research
on valuation of these assets. This paper gives a literature overview about the
problem and methodological questions focusing on air asset valuation.

References

  • Bell, M.L, Hobbs, B.F and Ellis, H. (2005), Metrics Matter: Air Quality Rankings from Different Indices of Air Pollution; J. Air & Waste Manage. Assoc. 2005, 55, 106.
  • Benefits and Costs of the Clean Air Act 1990 to 2010: EPA Report to Congress;
  • EPA-410-R-99-001; U.S. Environmental Protection Agency, U.S. Government Printing Office: Washington, DC, 1999.
  • Benefits and Costs of the Clean Air Act 1990 to 2020: EPA Report to Congress;
  • EPA-410-R-10-020; U.S. Environmental Protection Agency, U.S. Government Printing Office: Washington, DC, 2010
  • Bell, M.L, McDermott, A, Zeger, S.L, Samet, J.M and Dominici, F. (2004),
  • Ozone and Short-Term Mortality in 95 U.S. Urban Communities, 1987–2000; J. Am. Med. Assoc. 2004, 292, 2372-2378.
  • Barrett, M. and Holland, M., 2008, The costs and health benefits of reducing emissions from power stations in Europe: Air Pollution and Climate Series 20
  • (http:// www.airclim.org/reports/APC20_final.pdf) accessed 10 December 2010.
  • DECC (2011), Update short term traded carbon values for UK public policy appraisal, Department of Energy and Climate Change, October 2011
  • (http://www.decc.gov.uk/assets/decc/11/cutting-emissions/carbon-valuation/3137- update-short-term-traded-carbon-values-uk.pdf) accessed 28 October 2011.
  • EEA (2010), The European Environment — State and Outlook 2010, European
  • Environment Agency (http:// www.eea.europa.eu/soer) accessed 9 November E-PRTR (2011), 'E-PRTR — The European Pollutant Release and Transfer
  • Register' (http://prtr.ec.europa. eu) accessed 2 November 2011.
  • ETC/ACC (2010), E-PRTR Review Report 2010 covering the 2008 E-PRTR dataset, European Topic Centre on Air and Climate Change report for the European Environment Agency (http://air-climate. eionet.europa.eu/docs/ETCACC_TP_2010_5_ RevRep_2008_E-PRTRdata.pdf) accessed 2 December 2010.
  • EU (1999) Council Directive 1999/32/EC of 26 April 1999 relating to a reduction in the sulphur content of certain liquid fuels and amending Directive 93/12/EEC,
  • OJ L 121, 11.5.1999, p. 13–18 (http:// eur-lex.europa.eu/LexUriServ/LexUriServ. do?uri=CELEX:31999L0032:EN:NOT) accessed 27 July 2011.
  • EU (2006), Regulation (EC) No 166/2006 of the European Parliament and of the Council of 18 January 2006 concerning the establishment of a European pollutant
  • Release and Transfer Register and amending Council Directives 91/689/EEA and /61/EC. Official Journal of the European Union, L33/1, 4.2.2006.
  • EU (2008), Directive 2008/50/EC of the European Parliament and of the Council of 21 May 2008 on ambient air quality and cleaner air for Europe, OJ L 152, 6.2008(http://eur-lex.europa.eu/LexUriServ/ LexUriServ.do?uri=OJ:L:2008:152:0001:0044:EN:PDF) accessed 27 July 2011.
  • WORLD HEALTH ORGANIZATION (2004) Systemic Review of Health
  • Aspects of Air Pollution in Europe. Copenhagen, World Health Organization Regional office for Europe. WORLD HEALTH ORGANIZATION (2006) Air Quality Guidelines: Global
  • Updates 2005. Copenhagen, World Health Organization Regional Office for Europe.
Year 2013, Volume: 5 Issue: 1, 337 - 347, 01.06.2013

Abstract

References

  • Bell, M.L, Hobbs, B.F and Ellis, H. (2005), Metrics Matter: Air Quality Rankings from Different Indices of Air Pollution; J. Air & Waste Manage. Assoc. 2005, 55, 106.
  • Benefits and Costs of the Clean Air Act 1990 to 2010: EPA Report to Congress;
  • EPA-410-R-99-001; U.S. Environmental Protection Agency, U.S. Government Printing Office: Washington, DC, 1999.
  • Benefits and Costs of the Clean Air Act 1990 to 2020: EPA Report to Congress;
  • EPA-410-R-10-020; U.S. Environmental Protection Agency, U.S. Government Printing Office: Washington, DC, 2010
  • Bell, M.L, McDermott, A, Zeger, S.L, Samet, J.M and Dominici, F. (2004),
  • Ozone and Short-Term Mortality in 95 U.S. Urban Communities, 1987–2000; J. Am. Med. Assoc. 2004, 292, 2372-2378.
  • Barrett, M. and Holland, M., 2008, The costs and health benefits of reducing emissions from power stations in Europe: Air Pollution and Climate Series 20
  • (http:// www.airclim.org/reports/APC20_final.pdf) accessed 10 December 2010.
  • DECC (2011), Update short term traded carbon values for UK public policy appraisal, Department of Energy and Climate Change, October 2011
  • (http://www.decc.gov.uk/assets/decc/11/cutting-emissions/carbon-valuation/3137- update-short-term-traded-carbon-values-uk.pdf) accessed 28 October 2011.
  • EEA (2010), The European Environment — State and Outlook 2010, European
  • Environment Agency (http:// www.eea.europa.eu/soer) accessed 9 November E-PRTR (2011), 'E-PRTR — The European Pollutant Release and Transfer
  • Register' (http://prtr.ec.europa. eu) accessed 2 November 2011.
  • ETC/ACC (2010), E-PRTR Review Report 2010 covering the 2008 E-PRTR dataset, European Topic Centre on Air and Climate Change report for the European Environment Agency (http://air-climate. eionet.europa.eu/docs/ETCACC_TP_2010_5_ RevRep_2008_E-PRTRdata.pdf) accessed 2 December 2010.
  • EU (1999) Council Directive 1999/32/EC of 26 April 1999 relating to a reduction in the sulphur content of certain liquid fuels and amending Directive 93/12/EEC,
  • OJ L 121, 11.5.1999, p. 13–18 (http:// eur-lex.europa.eu/LexUriServ/LexUriServ. do?uri=CELEX:31999L0032:EN:NOT) accessed 27 July 2011.
  • EU (2006), Regulation (EC) No 166/2006 of the European Parliament and of the Council of 18 January 2006 concerning the establishment of a European pollutant
  • Release and Transfer Register and amending Council Directives 91/689/EEA and /61/EC. Official Journal of the European Union, L33/1, 4.2.2006.
  • EU (2008), Directive 2008/50/EC of the European Parliament and of the Council of 21 May 2008 on ambient air quality and cleaner air for Europe, OJ L 152, 6.2008(http://eur-lex.europa.eu/LexUriServ/ LexUriServ.do?uri=OJ:L:2008:152:0001:0044:EN:PDF) accessed 27 July 2011.
  • WORLD HEALTH ORGANIZATION (2004) Systemic Review of Health
  • Aspects of Air Pollution in Europe. Copenhagen, World Health Organization Regional office for Europe. WORLD HEALTH ORGANIZATION (2006) Air Quality Guidelines: Global
  • Updates 2005. Copenhagen, World Health Organization Regional Office for Europe.
There are 23 citations in total.

Details

Other ID JA87GD28CN
Journal Section Articles
Authors

Singh Mahesh Kumar This is me

Judit Villanyi This is me

Maria Fekete-farkas This is me

Istvan Szucs This is me

Publication Date June 1, 2013
Published in Issue Year 2013 Volume: 5 Issue: 1

Cite

APA Kumar, S. M., Villanyi, J., Fekete-farkas, M., Szucs, I. (2013). ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH. International Journal of Economics and Finance Studies, 5(1), 337-347.
AMA Kumar SM, Villanyi J, Fekete-farkas M, Szucs I. ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH. IJEFS. June 2013;5(1):337-347.
Chicago Kumar, Singh Mahesh, Judit Villanyi, Maria Fekete-farkas, and Istvan Szucs. “ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH”. International Journal of Economics and Finance Studies 5, no. 1 (June 2013): 337-47.
EndNote Kumar SM, Villanyi J, Fekete-farkas M, Szucs I (June 1, 2013) ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH. International Journal of Economics and Finance Studies 5 1 337–347.
IEEE S. M. Kumar, J. Villanyi, M. Fekete-farkas, and I. Szucs, “ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH”, IJEFS, vol. 5, no. 1, pp. 337–347, 2013.
ISNAD Kumar, Singh Mahesh et al. “ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH”. International Journal of Economics and Finance Studies 5/1 (June 2013), 337-347.
JAMA Kumar SM, Villanyi J, Fekete-farkas M, Szucs I. ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH. IJEFS. 2013;5:337–347.
MLA Kumar, Singh Mahesh et al. “ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH”. International Journal of Economics and Finance Studies, vol. 5, no. 1, 2013, pp. 337-4.
Vancouver Kumar SM, Villanyi J, Fekete-farkas M, Szucs I. ECONOMIC QUESTIONS OF AIR ASSET VALUATION: A METHODOLOGICAL APPROACH. IJEFS. 2013;5(1):337-4.