Hedonic valuation of marginal willingness to pay for air quality in metropolitan damascus

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Abstract

This study has two objectives. The first is to estimate the household’s marginal willingness to pay (MWTP) for air quality improvement in metropolitan Damascus. The second objective is to test the performance of the hedonic valuation technique in a developing country context using Damascus as a case study. Results from a survey of 421 households show that the technique performs satisfactorily. Air pollution has a significant negative effect on housing value. The average households’ MWTP for a unit decrease in total suspended particulates (TSP) concentration is estimated at about US$60.00 (in 2002 dollars). Simple segmentation of the housing market shows that estimates drawn from the pooled sample tend to underestimate the average MWTP of upper-income households occupying spacious housing-units, and overestimate that of lower-income households occupying units with less preferable characteristics.

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