Willingness to Pay for Air Quality Improvements in Sofia, Bulgaria
Through a survey the authors study willingness to pay for improvements in air quality in Sofia, Bulgaria. Using a stochastic payment car approach - asking respondents the likelihood that they would agree to pay a series of prices - they estimate th...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2000/01/438411/willingness-pay-air-quality-improvements-sofia-bulgaria http://hdl.handle.net/10986/22362 |
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okr-10986-223622021-04-23T14:04:07Z Willingness to Pay for Air Quality Improvements in Sofia, Bulgaria Wang, Hua Whittington, Dale AIR POLLUTION AIR POLLUTION CONTROL AIR QUALITY AIR QUALITY MANAGEMENT BENEFIT ANALYSIS CDF COMPLEMENTARY GOODS CONCEPTUAL FRAMEWORK CONTINGENT VALUATION CONTINGENT VALUATION METHOD DICHOTOMOUS CHOICE ECONOMETRIC ANALYSIS ECONOMETRIC MODELS ECONOMIC VALUE ELASTICITY ELECTRICITY EMPIRICAL EVIDENCE EMPIRICAL STUDIES ENVIRONMENTAL QUALITY ENVIRONMENTAL RESOURCES ENVIRONMENTAL SCIENCES EXOGENOUS VARIABLES FUTURE STUDIES INCOME INTEREST RATES MAXIMUM LIKELIHOOD ESTIMATION NATURE NONMARKET GOODS POLITICAL ECONOMY POLLUTION CONTROL POSITIVE EFFECTS PREFERENCES PUBLIC GOOD PUBLIC GOODS SAVINGS SIMULATION UNCERTAINTY UTILITY FUNCTION UTILITY VALUE VARIANCE WATER QUALITY WILLINGNESS TO PAY Through a survey the authors study willingness to pay for improvements in air quality in Sofia, Bulgaria. Using a stochastic payment car approach - asking respondents the likelihood that they would agree to pay a series of prices - they estimate the distribution of willingness to pay various prices. They find that people in Sofia are willing to pay up to about 4.2 percent of their income for a program to improve air quality. The income elasticity of willingness to pay for air quality improvements is about 27 percent. For comparison, they also used the referendum contingent valuation approach. Results from that approach yielded a higher estimate of willingness to pay. 2015-07-31T16:15:15Z 2015-07-31T16:15:15Z 2000-01 Working Paper http://documents.worldbank.org/curated/en/2000/01/438411/willingness-pay-air-quality-improvements-sofia-bulgaria http://hdl.handle.net/10986/22362 English en_US Policy Research Working Paper;No. 2280 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Europe and Central Asia Bulgaria |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AIR POLLUTION AIR POLLUTION CONTROL AIR QUALITY AIR QUALITY MANAGEMENT BENEFIT ANALYSIS CDF COMPLEMENTARY GOODS CONCEPTUAL FRAMEWORK CONTINGENT VALUATION CONTINGENT VALUATION METHOD DICHOTOMOUS CHOICE ECONOMETRIC ANALYSIS ECONOMETRIC MODELS ECONOMIC VALUE ELASTICITY ELECTRICITY EMPIRICAL EVIDENCE EMPIRICAL STUDIES ENVIRONMENTAL QUALITY ENVIRONMENTAL RESOURCES ENVIRONMENTAL SCIENCES EXOGENOUS VARIABLES FUTURE STUDIES INCOME INTEREST RATES MAXIMUM LIKELIHOOD ESTIMATION NATURE NONMARKET GOODS POLITICAL ECONOMY POLLUTION CONTROL POSITIVE EFFECTS PREFERENCES PUBLIC GOOD PUBLIC GOODS SAVINGS SIMULATION UNCERTAINTY UTILITY FUNCTION UTILITY VALUE VARIANCE WATER QUALITY WILLINGNESS TO PAY |
| spellingShingle |
AIR POLLUTION AIR POLLUTION CONTROL AIR QUALITY AIR QUALITY MANAGEMENT BENEFIT ANALYSIS CDF COMPLEMENTARY GOODS CONCEPTUAL FRAMEWORK CONTINGENT VALUATION CONTINGENT VALUATION METHOD DICHOTOMOUS CHOICE ECONOMETRIC ANALYSIS ECONOMETRIC MODELS ECONOMIC VALUE ELASTICITY ELECTRICITY EMPIRICAL EVIDENCE EMPIRICAL STUDIES ENVIRONMENTAL QUALITY ENVIRONMENTAL RESOURCES ENVIRONMENTAL SCIENCES EXOGENOUS VARIABLES FUTURE STUDIES INCOME INTEREST RATES MAXIMUM LIKELIHOOD ESTIMATION NATURE NONMARKET GOODS POLITICAL ECONOMY POLLUTION CONTROL POSITIVE EFFECTS PREFERENCES PUBLIC GOOD PUBLIC GOODS SAVINGS SIMULATION UNCERTAINTY UTILITY FUNCTION UTILITY VALUE VARIANCE WATER QUALITY WILLINGNESS TO PAY Wang, Hua Whittington, Dale Willingness to Pay for Air Quality Improvements in Sofia, Bulgaria |
| geographic_facet |
Europe and Central Asia Bulgaria |
| relation |
Policy Research Working Paper;No. 2280 |
| description |
Through a survey the authors study
willingness to pay for improvements in air quality in Sofia,
Bulgaria. Using a stochastic payment car approach - asking
respondents the likelihood that they would agree to pay a
series of prices - they estimate the distribution of
willingness to pay various prices. They find that people in
Sofia are willing to pay up to about 4.2 percent of their
income for a program to improve air quality. The income
elasticity of willingness to pay for air quality improvements is about 27 percent. For comparison, they also used the referendum contingent valuation approach. Results
from that approach yielded a higher estimate of willingness
to pay. |
| format |
Working Paper |
| author |
Wang, Hua Whittington, Dale |
| author_facet |
Wang, Hua Whittington, Dale |
| author_sort |
Wang, Hua |
| title |
Willingness to Pay for Air Quality Improvements in Sofia, Bulgaria |
| title_short |
Willingness to Pay for Air Quality Improvements in Sofia, Bulgaria |
| title_full |
Willingness to Pay for Air Quality Improvements in Sofia, Bulgaria |
| title_fullStr |
Willingness to Pay for Air Quality Improvements in Sofia, Bulgaria |
| title_full_unstemmed |
Willingness to Pay for Air Quality Improvements in Sofia, Bulgaria |
| title_sort |
willingness to pay for air quality improvements in sofia, bulgaria |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2000/01/438411/willingness-pay-air-quality-improvements-sofia-bulgaria http://hdl.handle.net/10986/22362 |
| _version_ |
1764450651479212032 |