The urban air pollution damage function as it is registered in differential market prices of residential property was investigated. By using somewhat more complex specifications and a set of data appearing to have greater informational content, the sensitivity of damage functions derived by means of differential land values to differential land values to differences in specifications and differences in data was ascertained. If results do not appear overly sensitive to data and specification differences, then simpler and less costly specifications and data sets can be used to obtain the damage function with little or no loss in information. Everything else being equal, a control instrument more likely to approach a continuing minimization of the sum of emitter control costs and receptor damage costs can then be employed. Less obtusely stated, the question being asked here is whether any additional worthwhile information about urban air pollution damage functions can be obtained by working with property value models having somewhat more complex specifications and more complete data than in previous studies. (Author)

Performed for the U.S. National Air Pollution Control Administration in cooperation with the University of Wisconsin by the Dept. of Economics, University of California, Riverside. "Final report for Research Contract CPA 22-69-52"--T.p. "June 15, 1971"--Cover. "Final report"--Cover. Publisher information came from cover. Includes bibliographical references (p. B-13).