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Willingness to pay for climate change mitigation: Evidence from China

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Willingness to pay for climate change mitigation : Evidence from China. / Li, Y.; Mu, X.; Schiller, A.; Zheng, B.

In: Energy Journal, Vol. 37, 2016, p. 179-194.

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Li, Y. ; Mu, X. ; Schiller, A. ; Zheng, B. / Willingness to pay for climate change mitigation : Evidence from China. In: Energy Journal. 2016 ; Vol. 37. pp. 179-194.

Bibtex

@article{b7eae9e994bd4d00a53aa3b47f2a870f,
title = "Willingness to pay for climate change mitigation: Evidence from China",
abstract = "China has become the largest emitter of carbon dioxide in the world. However, the Chinese public's willingness to pay (WTP) for climate change mitigation is, at best, under-researched. This study draws upon a large national survey of Chinese public cognition and attitude towards climate change and analyzes the determinants of consumers' WTP for energy-efficient and environment-friendly products. Eighty-five percent of respondents indicate that they are willing to pay at least 10 percent more than the market price for these products. The econometric analysis indicates that income, education, age and gender, as well as public awareness and concerns about climate change are significant factors influencing WTP. Respondents who are more knowledgeable and more concerned about the adverse effect of climate change show higher WTP. In comparison, income elasticity is small. The results are robust to different model specifications and estimation techniques. {\textcopyright} 2016 by the IAEE. All rights reserved.",
keywords = "China, Climate change, Interval regression, Willingness to pay",
author = "Y. Li and X. Mu and A. Schiller and B. Zheng",
year = "2016",
doi = "10.5547/01956574.37.SI1.yli",
language = "English",
volume = "37",
pages = "179--194",
journal = "Energy Journal",
issn = "0195-6574",
publisher = "International Association for Energy Economics",

}

RIS

TY - JOUR

T1 - Willingness to pay for climate change mitigation

T2 - Evidence from China

AU - Li, Y.

AU - Mu, X.

AU - Schiller, A.

AU - Zheng, B.

PY - 2016

Y1 - 2016

N2 - China has become the largest emitter of carbon dioxide in the world. However, the Chinese public's willingness to pay (WTP) for climate change mitigation is, at best, under-researched. This study draws upon a large national survey of Chinese public cognition and attitude towards climate change and analyzes the determinants of consumers' WTP for energy-efficient and environment-friendly products. Eighty-five percent of respondents indicate that they are willing to pay at least 10 percent more than the market price for these products. The econometric analysis indicates that income, education, age and gender, as well as public awareness and concerns about climate change are significant factors influencing WTP. Respondents who are more knowledgeable and more concerned about the adverse effect of climate change show higher WTP. In comparison, income elasticity is small. The results are robust to different model specifications and estimation techniques. © 2016 by the IAEE. All rights reserved.

AB - China has become the largest emitter of carbon dioxide in the world. However, the Chinese public's willingness to pay (WTP) for climate change mitigation is, at best, under-researched. This study draws upon a large national survey of Chinese public cognition and attitude towards climate change and analyzes the determinants of consumers' WTP for energy-efficient and environment-friendly products. Eighty-five percent of respondents indicate that they are willing to pay at least 10 percent more than the market price for these products. The econometric analysis indicates that income, education, age and gender, as well as public awareness and concerns about climate change are significant factors influencing WTP. Respondents who are more knowledgeable and more concerned about the adverse effect of climate change show higher WTP. In comparison, income elasticity is small. The results are robust to different model specifications and estimation techniques. © 2016 by the IAEE. All rights reserved.

KW - China

KW - Climate change

KW - Interval regression

KW - Willingness to pay

U2 - 10.5547/01956574.37.SI1.yli

DO - 10.5547/01956574.37.SI1.yli

M3 - Journal article

VL - 37

SP - 179

EP - 194

JO - Energy Journal

JF - Energy Journal

SN - 0195-6574

ER -