Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10012649126
Preserving environmental quality and addressing economic inequality both feature prominently in public discourse. Neither of these two issues can be fully understood in isolation, and policies aiming at one issue will increasingly have to consider interactions with the other. We synthesize...
Persistent link: https://www.econbiz.de/10012694139
We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...
Persistent link: https://www.econbiz.de/10012387514
Persistent link: https://www.econbiz.de/10011991149
Persistent link: https://www.econbiz.de/10011855151
Environmental degradation and economic inequality are two of the defining challenges of the twenty-first century. We synthesize conceptual mechanisms that underpin inequality-environment interlinkages and take stock of the relevant empirical evidence. We propose three channels of interaction,...
Persistent link: https://www.econbiz.de/10014507779
We study how the distribution of income among members of society, and income inequality in particular, affects social willingness to pay (WTP) for environmental public goods. We find that social WTP for environmental goods increases with mean income, and decreases (increases) with income...
Persistent link: https://www.econbiz.de/10011440728
Understanding what influences the value of nature is crucial for informing environmental policy. From a sustainability perspective, economic valuation should not only seek to determine willingness to pay for environmental goods to devise an efficient allocation of scarce resources, but should...
Persistent link: https://www.econbiz.de/10012943134
We study how the distribution of income among members of society, and income inequality in particular, affects social willingness to pay (WTP) for environmental public goods. We find that social WTP for environmental goods decreases (increases) with income inequality if and only if environmental...
Persistent link: https://www.econbiz.de/10012969934
How income and the valuation of environmental goods are related is a key question for science and policy, but the role of income inequality is often neglected. This paper studies how income inequality impacts the international transfer of environmental values-a practice called value or benefit...
Persistent link: https://www.econbiz.de/10011630957