Los bienes ambientales, ¿constituyen un bien de lujo?
In environmental literature there has been an increasing interest on analyzing the income elasticity of environmental amenities, and particularly, of the willingness to pay for an environmental improvement (see Kristrom and Riera, 1996). In this paper we are only concerned with estimating the income elasticityof environmental amenities, leaving aside the discussion about its use as an approximation to the elasticity of willingness to pay.
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dora L. Costa, 1997. "Less of a Luxury: The Rise of Recreation since 1888," NBER Working Papers 6054, National Bureau of Economic Research, Inc.
- Bengt Kristrom & Pere Riera, 1996. "Is the income elasticity of environmental improvements less than one?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 7(1), pages 45-55, January.
- Baumol,William J. & Oates,Wallace E., 1988.
"The Theory of Environmental Policy,"
Cambridge University Press, number 9780521311120, December.
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