“…Different types of particulates have different chemical and physical properties --implying that they have different impacts on human health, and thus different externality values. However, the evidence from the current literature is mixed on this issue: rn On the one hand, Schwartz and Marcus (1990) report an effect from particulate matter and a lesser effect from a higher covarying concentration of sulfur dioxide. Also, find that PM,,, but not sulfates and acid aerosols (two of the smaller types of particles), are associated with premature mortality.…”