Political Affiliation And Willingness ToPay For Publicly Versus Privately Provided Environmental Goods
AbstractPrevious literature has found that politically conservative individuals express a lower willingness to pay (WTP) for environmental goods than left-wing supporters. Using data from three surveys valuing water we investigate the role of context by evaluating whether the means of provision (public or private) matters. While left-wing voters have higher WTP for publically provided public goods, right-wing voters have a higher WTP when a good is privately provided. Our findings have implications for values typically obtained for environmental public goods using survey data from constructed markets since scenarios typically describe improvements as being publically provided.
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Bibliographic InfoPaper provided by Brock University, Department of Economics in its series Working Papers with number 1003.
Length: 33 pages
Date of creation: May 2010
Date of revision:
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stated preference; public provision; private provision; valuation; political affiliation; water;
Find related papers by JEL classification:
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-05-29 (All new papers)
- NEP-ENV-2010-05-29 (Environmental Economics)
- NEP-POL-2010-05-29 (Positive Political Economics)
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