Is the income elasticity of environmental improvements less than one?

Bengt Kristrom and Pere Riera

Environmental & Resource Economics, 1996, vol. 7, issue 1, 45-55

Abstract: We estimated the income elasticity of environmental improvements for a number of European data-sets. The value of this parameter is consistently found to be less than one, with few exceptions. Our findings are compared with state-of-the-art contingent valuation studies from other countries. We also compared our findings with those reported in the literature on charitable donations and corporate donations. These studies show a similar pattern; donations decrease as a percentage of income, as income increases. Copyright Kluwer Academic Publishers 1996

Keywords: Distributional issues; environmental elitism; income elasticity; valuation (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (151)

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DOI: 10.1007/BF00420426

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