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How the valuation of environmental goods is related to income is a key question for economics, but the role of income inequality is often neglected. We study how income inequality affects the international transfer of the estimated value of environmental goods from a study to a policy site - a...
Persistent link: https://www.econbiz.de/10011881752
I study how the distribution of environmental goods and income affect the economic valuation of local public goods. I find that how environmental inequality affects societal willingness to pay (WTP) for environmental local public goods is determined by their substitutability as well as by how...
Persistent link: https://www.econbiz.de/10011945006
Persistent link: https://www.econbiz.de/10012289540