Daigee Shaw - Profile on Academia.edu (original) (raw)
Papers by Daigee Shaw
Implicit Prices of Job Risk, Climate, and Air Pollution: Evidence from Taiwan
Climate Change Economics, Apr 30, 2022
We examine the implicit price of job mortality rates, climate, and air pollution in Taiwan under ... more We examine the implicit price of job mortality rates, climate, and air pollution in Taiwan under the hedonic wage frame with panel data from 1999 to 2014. We adopt a fixed-effects model to control for the omitted year-specific factors and time-invariant individual, industry, and city factors that may affect the wage. The within-individual variations in climate and air pollution from workers who have changed their job locations make it possible to identify the impacts of climate and air pollution on wages. We find that workers in Taiwan are willing to pay 308 USD (in 2014 value terms) for the January temperature to increase by 1∘C,781 USD for the July temperature to decline by 1∘C, indicating a net loss from global warming. Besides, the implicit price of air quality is 45 USD for PM 10 concentrations to fall by 1 unit ([Formula: see text]), and the implicit price of job risks is 140 USD per unit (1/100,000).
Distributional Effects of Freedom and Income on Life Satisfaction: Evidence from East Asian Chinese Societies
Asian Economic Journal, Apr 16, 2023
We estimate the distributional effects of freedom and income on life satisfaction (LS) for East A... more We estimate the distributional effects of freedom and income on life satisfaction (LS) for East Asian Chinese societies through an ordinal parametric quantile regression approach. The results show that freedom and income exhibit positive and mostly significant effects across societies and LS levels. The freedom effects generally become larger for those at higher LS quantiles. However, the income effects decline as the LS quantile level increases. Thus, one may have a trade‐off between freedom and income without compromising individual LS. The trade‐off of freedom (income) for income (freedom) is more pronounced for people at a lower (higher) LS level.
Because of the potential for global warming, there are widespread concerns about the impact of ch... more Because of the potential for global warming, there are widespread concerns about the impact of changing climate upon the productivity of land in farming and other sectors. This paper develops a new approach for measuring the economic impact of environmental factors such as climate on production by examining the direct impact of the environmental factor on land productivity as measured by land prices. This new method is applied to examine the effect of climate on agriculture using cross-sectional farm data for almost 3000 counties in the United States. It finds substantial impacts of climatic variation on both land values and farm revenues. Among the central findings are that higher temperatures in all seasons except autumn reduce all seasons except autumn increases farm values. The relationships are, however, nonlinear and complex
This paper examines Easterlin paradox and estimates the determinants of happiness in Taiwan and M... more This paper examines Easterlin paradox and estimates the determinants of happiness in Taiwan and Malaysia using the World Values Survey (WVS) data. Descriptive statistics and ordered logit model were used to analyse data. Results revealed that income, either at individual or national level, is positively and significantly associated with happiness. Thus, there is no sufficient evidence of the existence of Easterlin paradox in Taiwan and Malaysia. Results also revealed that Taiwan and Malaysia share both similar and separate set of determinants of happiness. The determinants of happiness in Malaysia are: income, health status, marital status, employment status, religious (these determinants are similar to Taiwan), income equality and materialist (these determinants are different from Taiwan). The effect of income on happiness is found to be greater in Taiwan than Malaysia. In Taiwan, an increase of one-unit income (i.e., moving up by one decile income group) increases the odds of bein...
The economics of pollution control in the Asia Pacific
... vi Contents 8. Estimation of the Benefit of Air Quality Improvement: An Application of Hedoni... more ... vi Contents 8. Estimation of the Benefit of Air Quality Improvement: An Application of Hedonic Price Technique in Seoul 171 Seung-Jun Kwak, Gye-Pyeong Lee and Youngsub Chun 9. Measuring the Benefits of Air Quality Improvement in Taipei: A Comparison of Contingent ...
Distributional Effects of Freedom and Income on Life Satisfaction: Evidence from East Asian Chinese Societies
Asian Economic Journal
We estimate the distributional effects of freedom and income on life satisfaction (LS) for East A... more We estimate the distributional effects of freedom and income on life satisfaction (LS) for East Asian Chinese societies through an ordinal parametric quantile regression approach. The results show that freedom and income exhibit positive and mostly significant effects across societies and LS levels. The freedom effects generally become larger for those at higher LS quantiles. However, the income effects decline as the LS quantile level increases. Thus, one may have a trade‐off between freedom and income without compromising individual LS. The trade‐off of freedom (income) for income (freedom) is more pronounced for people at a lower (higher) LS level.
Forthcoming in the Journal of Environmental Economics and Management
* The authors thank Joseph Herriges and two anonymous referees for their comments and
Journal of Environmental Economics and Management, 1997
A contingent valuation survey was conducted in Taiwan to elicit willingness to pay WTP to avoid a... more A contingent valuation survey was conducted in Taiwan to elicit willingness to pay WTP to avoid a recurrence of the episode of acute respiratory illness most recently experienced by the respondent. We estimate a model in which willingness to pay depends on the attributes of Ž. the illness duration and number of symptoms, and nature of the illness and on respondent Ž. characteristics such as income and health history , and allow mitigating behavior to be endogenously determined with willingness to pay. WTP of Taiwanese households is compared with benefits transfer extrapolations that adjust WTP for the United States by Taiwan household income, relative to U.S. household income.
Distributional Effects of Freedom and Income on Happiness: Evidence from East Asian Chinese Societies
Social Science Research Network, May 4, 2021
Will Global Warming Cause Heat Stress
Global Warming and the Asian, 2003
This paper combines data from both a double-bounded referendum contingent valuation survey and a ... more This paper combines data from both a double-bounded referendum contingent valuation survey and a travel cost survey. However, rather than linking the two data sets through a common utility function as in Cameron (1992) and Niklitschek and Leon (1996), we link them through the expenditure difference function. By using the expenditure difference approach, parameters and their standard errors for individuals’ preference can be easily extracted, then the trip demand function and the exact welfare measure of quality improvements can be estimated. This approach is then illustrated in a case study that evaluates the benefits resulting from water quality improvements in the Tamshui river system in the Taipei Metropolitan Area of Taiwan. The empirical estimation results show that the use value becomes much bigger when the water quality improves to a higher level. In addition, the nonuse value makes up a big share of the total value of improving water quality, thus the nonuse value could be c...
Paper Prepared for International Conference on the Siting of Locally Unwanted Facilities: Challenges and Issues
1 This paper is based on studies undertaken with my colleagues involved in the dialog associated ... more 1 This paper is based on studies undertaken with my colleagues involved in the dialog associated with siting a high level radioactive waste repository in Nevada as well as related papers on siting locally unwanted land use (LULU) facilities. The ideas also reflect many discussions on siting issues over the
The household benefits assessment of the flood reduction plan in Flood-prone Area: A case study in Sinwen, Chiayi, Taiwan
This study evaluates the household benefits of a flood reduction plan based on the loss estimatio... more This study evaluates the household benefits of a flood reduction plan based on the loss estimations both with and without flood prevention measures under various precipitation return periods (accumulated probability). 'Flood-prone Area Management Plan,' which aims to ease the impact caused by flood hazards, was ratified by the Executive Yuan, Taiwan, in 2006. Since this plan is one of the government's biggest projects, it is important to evaluate the benefits of the plan. In Taiwan, the benefits of a construction project are traditionally conducted from the engineering point of view where both the direct and indirect benefits are estimated. However, it is difficult to distinguish the actual direct and indirect losses caused by floods and that makes the evaluation of direct benefits difficult. In addition, the official loss evaluations are mainly based on the rough estimates made by the fishery, farming and other industries, even though households are generally more vulne...
The Impact of the Economic Crisis on East Asia: Policy Responses from Four Economies
Contents: Preface PART I: FINANCIAL SYSTEM AND FINANCIAL CRISIS 1. Global Financial Crisis: Lesso... more Contents: Preface PART I: FINANCIAL SYSTEM AND FINANCIAL CRISIS 1. Global Financial Crisis: Lessons for Taiwan Sheng-Cheng Hu 2. A Perspective of the US Dollar after the Current Financial Crisis: Lessons from the Fall of the Pound Sterling and the Gold Standard after World War I Lee-Rong Wang 3. De-Privatization? Case Studies of Government Banks Performance in Developing Countries during Financial Crisis Chung-Hua Shen and Chih-Yung Lin PART II: THE IMPACTS, CONSEQUENCES AND POLICY RESPONSES 4. Why World Exports Are So Susceptible to the Economic Crisis: The Prevailing 'Export Overshooting' Phenomenon Especially in Taiwan Bih Jane Liu 5. The Impact of Global Financial Crisis on Taiwanese Economy and its Industrial Policy in Response Jiann-Chyuan Wang and Chia-Hui Lin 6. The American Crisis and Korean Financial Distress Un Chan Chung 7. Why Was Japan Hit So Hard by the Global Financial Crisis? Masahiro Kawai and Shinji Takagi 8. China's Policy Responses to the Global Fina...
Integrated Assessment Modeling for Climate Change in China
Climate Change Economics, 2020
Journal of Cleaner Production, 2019
While combating air pollution may seem to be a corporate responsibility, what individuals contrib... more While combating air pollution may seem to be a corporate responsibility, what individuals contribute can be substantial. This study explores the individual's behavioral intention to reduce the air pollution associated with vehicles, household appliances, and religious practices. An extended theory of planned behavior (TPB), past behavior included, serves as the analytical model, while the approach of partial least squares structural equation modeling (PLS-SEM) is employed in the model's estimation. The results show that subjective norms represent the primary driver of individual intentions to reduce air pollution, followed by perceived behavioral control, past behavior, and attitude, in that order. Surprisingly, advocacy on the part of the government to reduce the burning of incense and joss paper, disregarding years of social conflicts and protests, plays the most important role among all indicators within the construct subjective norms. This result holds even within the subsample of believers in religions that involve the practice of burning incense and joss paper.
Agricultural and Forest Meteorology, 1996
This paper explains a Ricardian method which compares actual farmer behavior across different cli... more This paper explains a Ricardian method which compares actual farmer behavior across different climates. The method incorporates farmer's adaptation because it captures the outcome of each farmer matching his behavior to local climate conditions. This paper explores a new application of the Ricardian method capturing how climate affects both the per acre value of farms and how much land is farmed. These empirical relationships are used to predict the agricultural impacts of simple climate warming scenarios. * Corresponding author. ' See Nordhaus (1991, Nordhaus (1992) and Manne et al. (1994) for examples of integrated assessment models being used for cost benefit analysis of climate change.
Environment and Development Economics, 2002
This book comprises a comprehensive selection of studies dealing with forest management in the Am... more This book comprises a comprehensive selection of studies dealing with forest management in the Americas and its relationship with carbon storage. As a result it differs from other references on forestry that are more concerned with the driving forces behind deforestation and the policies that aim to control them. The book is an important contribution as it demonstrates the relevance of forests to climate change policies, an issue that is always avoided in official international reports on climate change that instead are very much oriented to energy aspects. At the time it was written, the Kyoto Protocol-that sets emission rights and obligations over carbon release into the atmosphere under the UM Framework Convention for Climate Change (UM FCCC)-was struggling to be ratified by signatory countries. The Protocol, nevertheless, proposes flexible mechanisms on carbon savings trade between countries to achieve their emission caps, namely: the clean development mechanism (CDM), the international tradable quotas (ITQ), and the already known joint implementation (JI). While JI is a bilateral project-based agreement, CDM and ITQ allow for the creation of an international market for carbon. ITQ is a trade scheme for quotas among countries with emission caps and CDM is a mechanism that allows countries with no binding emissions to sell carbon savings to those with caps. In this new context of CDM, the amount of carbon captured by forests can form significant sources of carbon savings to be traded, thereby generating additional revenues for preservation practices that will counteract the driving forces of deforestation. This is the itinerary of this book.
Valuation of in-stream water quality improvement via fuzzy contingent valuation method
Stochastic Environmental Research and Risk Assessment, 2005
... The proposed analytical scheme first requires identi-fying membership functions for the illus... more ... The proposed analytical scheme first requires identi-fying membership functions for the illustration of water body category with respect to each selected water quality index, as indicated by step (I) in Fig. 4. Use of fuzzy membership ...
Water Pollution Control in River Basin by Interactive Fuzzy Interval Multiobjective Programming
Journal of Environmental Engineering, 1997
The potential conflict between protection of water quality and economic development by different ... more The potential conflict between protection of water quality and economic development by different uses of land within river basins is a common problem in regional planning. Many studies have applied multiobjective decision analysis under uncertainty to problems of this ...
Implicit Prices of Job Risk, Climate, and Air Pollution: Evidence from Taiwan
Climate Change Economics, Apr 30, 2022
We examine the implicit price of job mortality rates, climate, and air pollution in Taiwan under ... more We examine the implicit price of job mortality rates, climate, and air pollution in Taiwan under the hedonic wage frame with panel data from 1999 to 2014. We adopt a fixed-effects model to control for the omitted year-specific factors and time-invariant individual, industry, and city factors that may affect the wage. The within-individual variations in climate and air pollution from workers who have changed their job locations make it possible to identify the impacts of climate and air pollution on wages. We find that workers in Taiwan are willing to pay 308 USD (in 2014 value terms) for the January temperature to increase by 1∘C,781 USD for the July temperature to decline by 1∘C, indicating a net loss from global warming. Besides, the implicit price of air quality is 45 USD for PM 10 concentrations to fall by 1 unit ([Formula: see text]), and the implicit price of job risks is 140 USD per unit (1/100,000).
Distributional Effects of Freedom and Income on Life Satisfaction: Evidence from East Asian Chinese Societies
Asian Economic Journal, Apr 16, 2023
We estimate the distributional effects of freedom and income on life satisfaction (LS) for East A... more We estimate the distributional effects of freedom and income on life satisfaction (LS) for East Asian Chinese societies through an ordinal parametric quantile regression approach. The results show that freedom and income exhibit positive and mostly significant effects across societies and LS levels. The freedom effects generally become larger for those at higher LS quantiles. However, the income effects decline as the LS quantile level increases. Thus, one may have a trade‐off between freedom and income without compromising individual LS. The trade‐off of freedom (income) for income (freedom) is more pronounced for people at a lower (higher) LS level.
Because of the potential for global warming, there are widespread concerns about the impact of ch... more Because of the potential for global warming, there are widespread concerns about the impact of changing climate upon the productivity of land in farming and other sectors. This paper develops a new approach for measuring the economic impact of environmental factors such as climate on production by examining the direct impact of the environmental factor on land productivity as measured by land prices. This new method is applied to examine the effect of climate on agriculture using cross-sectional farm data for almost 3000 counties in the United States. It finds substantial impacts of climatic variation on both land values and farm revenues. Among the central findings are that higher temperatures in all seasons except autumn reduce all seasons except autumn increases farm values. The relationships are, however, nonlinear and complex
This paper examines Easterlin paradox and estimates the determinants of happiness in Taiwan and M... more This paper examines Easterlin paradox and estimates the determinants of happiness in Taiwan and Malaysia using the World Values Survey (WVS) data. Descriptive statistics and ordered logit model were used to analyse data. Results revealed that income, either at individual or national level, is positively and significantly associated with happiness. Thus, there is no sufficient evidence of the existence of Easterlin paradox in Taiwan and Malaysia. Results also revealed that Taiwan and Malaysia share both similar and separate set of determinants of happiness. The determinants of happiness in Malaysia are: income, health status, marital status, employment status, religious (these determinants are similar to Taiwan), income equality and materialist (these determinants are different from Taiwan). The effect of income on happiness is found to be greater in Taiwan than Malaysia. In Taiwan, an increase of one-unit income (i.e., moving up by one decile income group) increases the odds of bein...
The economics of pollution control in the Asia Pacific
... vi Contents 8. Estimation of the Benefit of Air Quality Improvement: An Application of Hedoni... more ... vi Contents 8. Estimation of the Benefit of Air Quality Improvement: An Application of Hedonic Price Technique in Seoul 171 Seung-Jun Kwak, Gye-Pyeong Lee and Youngsub Chun 9. Measuring the Benefits of Air Quality Improvement in Taipei: A Comparison of Contingent ...
Distributional Effects of Freedom and Income on Life Satisfaction: Evidence from East Asian Chinese Societies
Asian Economic Journal
We estimate the distributional effects of freedom and income on life satisfaction (LS) for East A... more We estimate the distributional effects of freedom and income on life satisfaction (LS) for East Asian Chinese societies through an ordinal parametric quantile regression approach. The results show that freedom and income exhibit positive and mostly significant effects across societies and LS levels. The freedom effects generally become larger for those at higher LS quantiles. However, the income effects decline as the LS quantile level increases. Thus, one may have a trade‐off between freedom and income without compromising individual LS. The trade‐off of freedom (income) for income (freedom) is more pronounced for people at a lower (higher) LS level.
Forthcoming in the Journal of Environmental Economics and Management
* The authors thank Joseph Herriges and two anonymous referees for their comments and
Journal of Environmental Economics and Management, 1997
A contingent valuation survey was conducted in Taiwan to elicit willingness to pay WTP to avoid a... more A contingent valuation survey was conducted in Taiwan to elicit willingness to pay WTP to avoid a recurrence of the episode of acute respiratory illness most recently experienced by the respondent. We estimate a model in which willingness to pay depends on the attributes of Ž. the illness duration and number of symptoms, and nature of the illness and on respondent Ž. characteristics such as income and health history , and allow mitigating behavior to be endogenously determined with willingness to pay. WTP of Taiwanese households is compared with benefits transfer extrapolations that adjust WTP for the United States by Taiwan household income, relative to U.S. household income.
Distributional Effects of Freedom and Income on Happiness: Evidence from East Asian Chinese Societies
Social Science Research Network, May 4, 2021
Will Global Warming Cause Heat Stress
Global Warming and the Asian, 2003
This paper combines data from both a double-bounded referendum contingent valuation survey and a ... more This paper combines data from both a double-bounded referendum contingent valuation survey and a travel cost survey. However, rather than linking the two data sets through a common utility function as in Cameron (1992) and Niklitschek and Leon (1996), we link them through the expenditure difference function. By using the expenditure difference approach, parameters and their standard errors for individuals’ preference can be easily extracted, then the trip demand function and the exact welfare measure of quality improvements can be estimated. This approach is then illustrated in a case study that evaluates the benefits resulting from water quality improvements in the Tamshui river system in the Taipei Metropolitan Area of Taiwan. The empirical estimation results show that the use value becomes much bigger when the water quality improves to a higher level. In addition, the nonuse value makes up a big share of the total value of improving water quality, thus the nonuse value could be c...
Paper Prepared for International Conference on the Siting of Locally Unwanted Facilities: Challenges and Issues
1 This paper is based on studies undertaken with my colleagues involved in the dialog associated ... more 1 This paper is based on studies undertaken with my colleagues involved in the dialog associated with siting a high level radioactive waste repository in Nevada as well as related papers on siting locally unwanted land use (LULU) facilities. The ideas also reflect many discussions on siting issues over the
The household benefits assessment of the flood reduction plan in Flood-prone Area: A case study in Sinwen, Chiayi, Taiwan
This study evaluates the household benefits of a flood reduction plan based on the loss estimatio... more This study evaluates the household benefits of a flood reduction plan based on the loss estimations both with and without flood prevention measures under various precipitation return periods (accumulated probability). 'Flood-prone Area Management Plan,' which aims to ease the impact caused by flood hazards, was ratified by the Executive Yuan, Taiwan, in 2006. Since this plan is one of the government's biggest projects, it is important to evaluate the benefits of the plan. In Taiwan, the benefits of a construction project are traditionally conducted from the engineering point of view where both the direct and indirect benefits are estimated. However, it is difficult to distinguish the actual direct and indirect losses caused by floods and that makes the evaluation of direct benefits difficult. In addition, the official loss evaluations are mainly based on the rough estimates made by the fishery, farming and other industries, even though households are generally more vulne...
The Impact of the Economic Crisis on East Asia: Policy Responses from Four Economies
Contents: Preface PART I: FINANCIAL SYSTEM AND FINANCIAL CRISIS 1. Global Financial Crisis: Lesso... more Contents: Preface PART I: FINANCIAL SYSTEM AND FINANCIAL CRISIS 1. Global Financial Crisis: Lessons for Taiwan Sheng-Cheng Hu 2. A Perspective of the US Dollar after the Current Financial Crisis: Lessons from the Fall of the Pound Sterling and the Gold Standard after World War I Lee-Rong Wang 3. De-Privatization? Case Studies of Government Banks Performance in Developing Countries during Financial Crisis Chung-Hua Shen and Chih-Yung Lin PART II: THE IMPACTS, CONSEQUENCES AND POLICY RESPONSES 4. Why World Exports Are So Susceptible to the Economic Crisis: The Prevailing 'Export Overshooting' Phenomenon Especially in Taiwan Bih Jane Liu 5. The Impact of Global Financial Crisis on Taiwanese Economy and its Industrial Policy in Response Jiann-Chyuan Wang and Chia-Hui Lin 6. The American Crisis and Korean Financial Distress Un Chan Chung 7. Why Was Japan Hit So Hard by the Global Financial Crisis? Masahiro Kawai and Shinji Takagi 8. China's Policy Responses to the Global Fina...
Integrated Assessment Modeling for Climate Change in China
Climate Change Economics, 2020
Journal of Cleaner Production, 2019
While combating air pollution may seem to be a corporate responsibility, what individuals contrib... more While combating air pollution may seem to be a corporate responsibility, what individuals contribute can be substantial. This study explores the individual's behavioral intention to reduce the air pollution associated with vehicles, household appliances, and religious practices. An extended theory of planned behavior (TPB), past behavior included, serves as the analytical model, while the approach of partial least squares structural equation modeling (PLS-SEM) is employed in the model's estimation. The results show that subjective norms represent the primary driver of individual intentions to reduce air pollution, followed by perceived behavioral control, past behavior, and attitude, in that order. Surprisingly, advocacy on the part of the government to reduce the burning of incense and joss paper, disregarding years of social conflicts and protests, plays the most important role among all indicators within the construct subjective norms. This result holds even within the subsample of believers in religions that involve the practice of burning incense and joss paper.
Agricultural and Forest Meteorology, 1996
This paper explains a Ricardian method which compares actual farmer behavior across different cli... more This paper explains a Ricardian method which compares actual farmer behavior across different climates. The method incorporates farmer's adaptation because it captures the outcome of each farmer matching his behavior to local climate conditions. This paper explores a new application of the Ricardian method capturing how climate affects both the per acre value of farms and how much land is farmed. These empirical relationships are used to predict the agricultural impacts of simple climate warming scenarios. * Corresponding author. ' See Nordhaus (1991, Nordhaus (1992) and Manne et al. (1994) for examples of integrated assessment models being used for cost benefit analysis of climate change.
Environment and Development Economics, 2002
This book comprises a comprehensive selection of studies dealing with forest management in the Am... more This book comprises a comprehensive selection of studies dealing with forest management in the Americas and its relationship with carbon storage. As a result it differs from other references on forestry that are more concerned with the driving forces behind deforestation and the policies that aim to control them. The book is an important contribution as it demonstrates the relevance of forests to climate change policies, an issue that is always avoided in official international reports on climate change that instead are very much oriented to energy aspects. At the time it was written, the Kyoto Protocol-that sets emission rights and obligations over carbon release into the atmosphere under the UM Framework Convention for Climate Change (UM FCCC)-was struggling to be ratified by signatory countries. The Protocol, nevertheless, proposes flexible mechanisms on carbon savings trade between countries to achieve their emission caps, namely: the clean development mechanism (CDM), the international tradable quotas (ITQ), and the already known joint implementation (JI). While JI is a bilateral project-based agreement, CDM and ITQ allow for the creation of an international market for carbon. ITQ is a trade scheme for quotas among countries with emission caps and CDM is a mechanism that allows countries with no binding emissions to sell carbon savings to those with caps. In this new context of CDM, the amount of carbon captured by forests can form significant sources of carbon savings to be traded, thereby generating additional revenues for preservation practices that will counteract the driving forces of deforestation. This is the itinerary of this book.
Valuation of in-stream water quality improvement via fuzzy contingent valuation method
Stochastic Environmental Research and Risk Assessment, 2005
... The proposed analytical scheme first requires identi-fying membership functions for the illus... more ... The proposed analytical scheme first requires identi-fying membership functions for the illustration of water body category with respect to each selected water quality index, as indicated by step (I) in Fig. 4. Use of fuzzy membership ...
Water Pollution Control in River Basin by Interactive Fuzzy Interval Multiobjective Programming
Journal of Environmental Engineering, 1997
The potential conflict between protection of water quality and economic development by different ... more The potential conflict between protection of water quality and economic development by different uses of land within river basins is a common problem in regional planning. Many studies have applied multiobjective decision analysis under uncertainty to problems of this ...