Chair of Economics, Dr. Natina Yaduma, was at the 2017 conference of the Society for Benefit-Cost Analysis, which was held in George Washington University, Washington, D.C., on March 17.
There he presented “Estimating Mortality and Economic Costs of Particulate Air Pollution in Developing Economies: The Case of Nigeria,” a paper authored with Dr. Mika Kortelainen and Prof. Ada Wossink.
The research proposes a novel statistical approach for monetizing mortality-related benefits of policies mitigating air pollution in low-income economies. Applying this method to Nigeria, the research shows that Nigeria stands to reap enormous benefits from the mitigating of particulate pollution to the WHO standards.
There is currently a dearth of research estimating and analyzing the benefits and costs of abating air pollution in developing economies. Prof. Lynn Karoly, President of the Society, commended the novelty of the method and its application to environmental benefit-cost analysis in Nigeria.