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About The Willingness To Pay For Environmental Protection: Are Developing Economies Different?
This document summarizes a research paper that analyzes survey data from 24 developing economies to investigate individuals' willingness to pay for environmental protection. The key findings are: 1) Perceived global environmental problems, not local problems, determine an individual's willingness to pay for further protection. 2) Self-identifying as a "world citizen" is the strongest determinant of demand, indicating motivation to contribute to global public goods is not strictly a post-material notion. 3) The primary drivers of willingness to pay are not qualitatively different in developing versus advanced economies. Subjective values, not just objective local problems, appear to be universal motivators.
Detailed Information
| Author: | ['Nayonika Chakraborty'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 35 |
| Language: | English |
| Format: | |
| Price: | FREE |
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