Subjective Well-Being Approach to Environmental Valuation: Evidence for Greenhouse Gas Emissions

Edsel Beja ()

Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2012, vol. 109, issue 2, 243-266

Abstract: The subjective well-being approach to environmental valuation is applied to analyze the valuation of greenhouse gas emissions with a fairness-adjustment in the valuation exercise. Results indicate that industrialized countries have high willingness-to-pay to reduce emissions. Developing countries differ in their valuations. Results indicate that poor countries have willingness to pay whereas middle income countries indicate willingness to accept payments to reduce emissions. Such high willingness-to-pay of industrialized countries, however, does not imply that they can pay off developing countries in order to continue emitting as usual. Still, the different positions with regard to emissions point to possibilities toward some inter-group payments and transfers system to allow societies to contribute toward global reduction emissions reduction. Copyright Springer Science+Business Media B.V. 2012

Keywords: Subjective well-being; Greenhouse gas emissions; Environmental valuation (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://hdl.handle.net/10.1007/s11205-011-9899-1 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Subjective Well-Being Approach to Environmental Valuation: Evidence for Greenhouse Gas Emissions (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:soinre:v:109:y:2012:i:2:p:243-266

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11135

DOI: 10.1007/s11205-011-9899-1

Access Statistics for this article

Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement is currently edited by Filomena Maggino

More articles in Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().