Economic evaluation of bottled water consumption as an averting means: Evidence from a hedonic price analysis
Document Type
Article
Publication Date
4-1-2008
Abstract
This study alerts researchers and policy makers to the importance of the price effect of bottle size in an economic evaluation of using bottled water as a means to avoid health risks from drinking home tap water. It derived a proxy for the economic value of smaller bottle size by analysing a hedonic price model. The results show that, by not accounting for the economic value of smaller bottle size, we can overstate consumer willingness-to-pay for safer drinking water by more than 100%.
Publication Source (Journal or Book title)
Applied Economics Letters
First Page
337
Last Page
342
Recommended Citation
He, S., Jordan, J., & Paudel, K. (2008). Economic evaluation of bottled water consumption as an averting means: Evidence from a hedonic price analysis. Applied Economics Letters, 337-342. https://doi.org/10.1080/13504850600706040