Political Affiliation And Willingness ToPay For Publicly Versus Privately Provided Environmental Goods
Ian Bateman and
Diane Dupont
No 1003, Working Papers from Brock University, Department of Economics
Abstract:
Previous literature has found that politically conservative individuals express a lower willingness to pay (WTP) for environmental goods than left-wing supporters. Using data from three surveys valuing water we investigate the role of context by evaluating whether the means of provision (public or private) matters. While left-wing voters have higher WTP for publically provided public goods, right-wing voters have a higher WTP when a good is privately provided. Our findings have implications for values typically obtained for environmental public goods using survey data from constructed markets since scenarios typically describe improvements as being publically provided.
Keywords: stated preference; public provision; private provision; valuation; political affiliation; water (search for similar items in EconPapers)
JEL-codes: H41 H42 Q25 Q51 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2010-05
New Economics Papers: this item is included in nep-env and nep-pol
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Persistent link: https://EconPapers.repec.org/RePEc:brk:wpaper:1003
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