Abstrakt
Multiple pathways in which environmental hazards may affect human health translate to diversity of adverse impacts of impaired health on human welfare. Impaired health may in turn directly affect production or consumption opportunities at individual, household as well as societal level.
While at a methodological level the channels of economic effects of impaired health are extensively identified and discussed it is considerably more challenging to establish respective empirical estimates. This chapter outlines approaches to economic valuation of health benefits from exposure reduction, discusses relevance of cost categories for various physical impacts and points to challenges in linking epidemiological findings to welfare implications.
A succinct overview of available monetary values for a range of health outcomes is provided.