Seemingly irrelevant factors and willingness to block polluting investments

Nicolás Ajzenman, Lenin Balza (), Hernan Bejarano, Camilo De Los Rios and Nicolás Gómez Parra

No 13325, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: Using an online multi-country video-vignette survey experiment, we measure bias against extractive industries and foreign firms in individuals perceptions and preferences related to industrial projects with potential economic benefits and environmental costs. Individuals face a hypothetical industrial investment project with a randomly assigned implementing firm, which varies in one or two dimensions: nationality (foreign or national), and industrial sector (extractive or generic). We elicit several incentivized and non-incentivized measures of acceptance of hypothetical investments. We find a precisely estimated null effect on willingness to pay to block the projects across experimental treatments: respondents express similar reactions to the same information independently of the firms origin or industrial sector.

Keywords: experimental economics; extractive industries; Perceptions; willingness–to–pay; valuation (search for similar items in EconPapers)
JEL-codes: C90 D70 D90 L71 Q30 Q51 (search for similar items in EconPapers)
Date: 2023-12
New Economics Papers: this item is included in nep-dcm, nep-env, nep-exp and nep-ppm
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Related works:
Working Paper: Seemingly Irrelevant Factors and Willingness to Block Polluting Investments (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:13325

DOI: 10.18235/0005369

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