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Children's Willingness to Pay for Environmental Protection

Author

Listed:
  • Valentino Dardanone

    () (Università di Palermo)

  • Carla Guerriero

    () (Università di Napoli Federico II and CSEF)

Abstract

Young generations will bear the cost of present natural capital degradation and, as the recent wave of school climate strikes for climate change proved, do not want their voices to be ignored. Discrete Choice Experiments are increasingly being used for the valuation of environmental goods, nevertheless, they have never been conducted with children. We designed and administered a discrete choice experiment to elicit children, aged 8-19 years, willingness to pay (WTP) for environmental protection projects. Our results suggest that children marginal WTP is higher for projects targeting natural protection in their own country (Italy) and that the utility of environmental protection is greater for females and for older children. Furthermore, we find that individual attitude towards environment negatively affect the probability of choosing the status quo alternative. Given recent findings on transfer of knowledge, attitudes and behaviours towards environmental protection from children to parents, these results are important to support policy makers decisions on how to deal with the issues of natural capital degradation.

Suggested Citation

  • Valentino Dardanone & Carla Guerriero, 2019. "Children's Willingness to Pay for Environmental Protection," CSEF Working Papers 550, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  • Handle: RePEc:sef:csefwp:550
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    File URL: http://www.csef.it/WP/wp550.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Discrete Choice Experiment; Children; Natural Capital; Environmental Protection; Willingness to Pay;

    JEL classification:

    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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