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Willingness to pay for drinking water quality improvement and the influence of social capital

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  • Polyzou, E.
  • Jones, N.
  • Evangelinos, K.I.
  • Halvadakis, C.P.

Abstract

Several factors have been identified as determinants of willingness to pay (WTP), including socio-economic and environmental elements. The present article aims to investigate the influence of individual social capital on willingness to pay for environmental goods. In particular, through an empirical study, a multi-dimensional measurement of social capital is conducted and its influence on WTP for water quality improvement is explored. According to the results of the survey it is observed that social capital is a significant explanatory parameter of WTP.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

Volume (Year): 40 (2011)
Issue (Month): 1 (February)
Pages: 74-80

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Handle: RePEc:eee:soceco:v:40:y:2011:i:1:p:74-80

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Web page: http://www.elsevier.com/locate/inca/620175

Related research

Keywords: Willingness to pay Social capital Drinking water quality Protest responses Greece;

References

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Cited by:
  1. Halkos, George & Jones, Nikoleta, 2011. "Social factors influencing the decision to pay for the protection of biodiversity: A case study in two national parks of Northern Greece," MPRA Paper 34581, University Library of Munich, Germany.
  2. Edwards, Jeffrey A. & Wade, Tara R. & Burkey, Mark L. & Pumphrey, R. Gary, 2013. "Forecasting the Public's Acceptability of Municipal Water Regulation and Price Rationing for Communities on the Ogallala Aquifer," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149579, Agricultural and Applied Economics Association.

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