Abstract
The air pollution in metropolises has been still serious as a result of traffic exhaust gas. To control traffic exhaust gas and improve the quality of the pollution, we have to estimate to what extent traffic exhaust gas affect the utility of residents. This paper focuses on measuring the external cost of traffic exhaust gas in Amagasaki city by the hedonic price method. The following results were obtained.1. The external cost is about 3.8 billion yen per year, even when the easiest environ mental standards was supposed.2. The cost of 1 passing vehicles was about 74 yen per car and 341 yen per truck.