Public Preferences for Alternative Electricity Mixes in Post-Fukushima Japan
Daiju Narita and
Toshihiro Okubo ()
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Carsten Schroeder: German Institute for Economic Research(DIW Berlin)/ SOEP
Daiju Narita: JICA Research Institute
Authors registered in the RePEc Author Service: Carsten Schröder ()
No 2015-013, Keio-IES Discussion Paper Series from Institute for Economics Studies, Keio University
Using representative household survey data from Japan after the Fukushima accident, we estimate peoples' willingness-to-pay (WTP) for renewable, nuclear, and fossil fuels in electricity generation. We rely on random parameter econometric techniques to capture various degrees of heterogeneity between the respondents, and use detailed regional information to assess how WTP varies with the distance to both the nearest nuclear power plant and to Fukushima. Compared to fossil fuels, we find a positive WTP for renewable and a negative WTP for nuclear fuels. These effects, in absolute terms, increase with the proximity to Fukushima.
Keywords: electricity mix; willingness-to-pay; preference heterogeneity; renewables; spatial heterogeneity; Fukushima; nuclear power (search for similar items in EconPapers)
JEL-codes: D12 Q40 Q42 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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Journal Article: Public preferences for alternative electricity mixes in post-Fukushima Japan (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:keo:dpaper:2015-013
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