Ancillary human health benefits of improved air quality resulting from climate change mitigation

Table 3 Theoretical predictions and empirical results of studies estimating value of mortality risk reductions. Source: Hammitt and Graham (1999) [103]

Study	Size of Risk Change	Future Risk Change	Baseline Risk	Income (or proxies)	Age	Health Status
Life cycle model: Theory	+, proportional	-	+^a	+	-^b, + then -^c	indeterminate
Empirical Studies
Compensating Wage	+	N/A	-^d	+	-	N/A
Other Revealed Preference	+	N/A	Unknown	+	+	N/A
CV	+, not proportional	-	Varies	+	+ then -, 0, -	No effect, +

a. Small "dead anyway" effect: Higher value to benefits while alive than for a bequest [133].
b. With borrowing against future earnings.
c. Inverted U with no borrowing.
d. Self selection by risk tolerant workers

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