Willingness to Pay for Environmental Quality: Testable Empirical Implications of the Growth and Environment Literature
Israel Debra () and
Arik Levinson ()
Additional contact information
Israel Debra: Indiana State University
The B.E. Journal of Economic Analysis & Policy, 2004, vol. 3, issue 1, 1-31
Several different theoretical models of economic growth and environmental quality each generate inverse-U-shaped pollution-income paths, or "environmental Kuznets curves." They rely on different assumptions to generate the reversal of pollution trends, with correspondingly different policy implications. While the empirical implications for pollution are indistinguishable (by design), the models have distinct implications for the pattern of people's marginal willingness to pay (MWTP) for environmental improvements as a function of income. In this paper we demonstrate those different implications theoretically, and test for them empirically using data from the World Value Survey (WVS). We find strong relationships between MWTP and individual characteristics, such as age, income, and education, but little evidence that MWTP varies systematically with economic growth.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33) Track citations by RSS feed
Downloads: (external link)
https://www.degruyter.com/view/j/bejeap.2003.3.iss ... .1254.xml?format=INT (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.
Working Paper: Willingness to Pay for Environmental Quality: Testable Empirical Implications of the Growth and Environment Literature (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bpj:bejeap:v:contributions.3:y:2004:i:1:n:2
Ordering information: This journal article can be ordered from
Access Statistics for this article
The B.E. Journal of Economic Analysis & Policy is currently edited by Hendrik Jürges and Sandra Ludwig
More articles in The B.E. Journal of Economic Analysis & Policy from De Gruyter
Bibliographic data for series maintained by Peter Golla ().