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Table 12 Estimated marginal WTP for air quality

From: Do Mexicans care about air pollution?

  Residential sorting model
(1) (2) (3) (4)
MWTP elasticity 0.5906 0.2167 0.2159 0.1998
WTP (2000 pesos) $1,818.27 2,682.92 443.66 596.01
WTP (2000 USD) 192.21 283.61 46.90 63.00
  1. The coefficients are taken from the Tables 9, 10, and 11. WTP is calculated by multiplying the coefficients by the median household income per year in 2000 ($25,716.0 pesos) and dividing by the median X. Then, we multiply them by its standard deviation to get WTP