Willingness to pay for climate change mitigation:Evidence from China

Li, Y. and Mu, X. and Schiller, A. and Zheng, B. (2016) Willingness to pay for climate change mitigation:Evidence from China. Energy Journal, 37. pp. 179-194. ISSN 0195-6574

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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. © 2016 by the IAEE. All rights reserved.

Item Type:
Journal Article
Journal or Publication Title:
Energy Journal
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/2100
Subjects:
ID Code:
127334
Deposited By:
Deposited On:
14 Sep 2018 13:14
Refereed?:
Yes
Published?:
Published
Last Modified:
26 Sep 2020 05:28