Research Article
Valuing Environmental Impact and Willingness to Pay for Improved Air Quality: Evidence from Patimban Port Project, Subang, Indonesia
@INPROCEEDINGS{10.4108/eai.10-8-2022.2320792, author={Endah Saptutyningsih and Tia Nurfadillah}, title={Valuing Environmental Impact and Willingness to Pay for Improved Air Quality: Evidence from Patimban Port Project, Subang, Indonesia}, proceedings={Proceedings of the 3rd International Conference of Business, Accounting, and Economics, ICBAE 2022, 10-11 August 2022, Purwokerto, Central Java, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2022}, month={8}, keywords={hedonic price contingent valuation method air pollution implicit price willingness to pay}, doi={10.4108/eai.10-8-2022.2320792} }- Endah Saptutyningsih
Tia Nurfadillah
Year: 2022
Valuing Environmental Impact and Willingness to Pay for Improved Air Quality: Evidence from Patimban Port Project, Subang, Indonesia
ICBAE
EAI
DOI: 10.4108/eai.10-8-2022.2320792
Abstract
The influence of the Patimban port's construction can be seen in the cost of land and houses nearby, as well as environmental issues like air pollution, which is getting worse due to the traffic of project material vehicles. This study aims to assess the environmental impact on the property price around the project and determine the willingness to pay for improved air quality. The finding showed that property and the neighborhood characteristics, and the ambient of air quality of SO2 has negatif and significant impact on residential property price. About 55.6 percent of the respondents were willing to pay a lump sum of money for improved air quality. Age, income, years of schooling, the distance to Patimban Port project, the history of respiratory disease and health cost had favorable and significant effects. This study contributes to the literature by highlighting the environmental impact of the project on the property price and the participation of people to improve the air pollution in the area prone to polluted.
