| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19426 |
| 来源ID | Working Paper 19426 |
| Envirodevonomics: A Research Agenda for a Young Field | |
| Michael Greenstone; B. Kelsey Jack | |
| 发表日期 | 2013-09-12 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Environmental quality in many developing countries is poor and generates substantial health and productivity costs. However, existing measures of willingness to pay for environmental quality improvements indicate low valuations by affected households. This paper argues that this seeming paradox is the central puzzle at the intersection of environmental and development economics: Given poor environmental quality and high health burdens in developing countries, why is WTP so low? We develop a conceptual framework for understanding this puzzle and propose four potential explanations: (1) due to low income levels, individuals value increases in income more than marginal improvements in environmental quality, (2) the marginal costs of environmental quality improvements are high, (3) political economy factors undermine efficient policy-making, and (4) market failures such as weak property rights and missing capital markets drive a wedge between true and revealed willingness to pay for environmental quality. We review the available literature on each explanation and discuss how the framework also applies to climate change, which is perhaps the most important issue at the intersection of environment and development economics. The paper concludes with a list of promising and unanswered research questions for the emerging sub-field of "envirodevonomics." |
| 主题 | Microeconomics ; Welfare and Collective Choice ; Health, Education, and Welfare ; Health ; Development and Growth ; Development ; Environmental and Resource Economics ; Environment |
| URL | https://www.nber.org/papers/w19426 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577102 |
| 推荐引用方式 GB/T 7714 | Michael Greenstone,B. Kelsey Jack. Envirodevonomics: A Research Agenda for a Young Field. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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