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Parks and protected areas are valuable assets to developing nations, whether viewed as environmental, economic or social goods. Nevertheless, to date there are few examples where the full potential economic rent of protected areas has been captured efficiently or distributed effectively. This...
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decision-making is vital” The value of environmental and natural resources reflects what society is willing to pay for a good … accepted framework for classifying economic benefits of ecosystems and for trying to integrate them into decision-making. This …
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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...
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