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http://hdl.handle.net/10419/25635
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| Title: | | Eliciting environmental preferences of Ghanaians: an experimental approach  |
| Authors: | | Meroz, Yael Morone, Andrea Morone, Piergiuseppe |
| Issue Date: | | 2007 |
| Series/Report no.: | | Jena economic research papers 2007,071 |
| Abstract: | | In this paper we aim - through an experimentally-adapted Contingent Valuation survey - to look into the attributes of Ghanaians willingness-to-pay for green products. This would help us addressing two main issues: first, from a theoretical point of view, we shall assess whether Ghanaians show a preference towards environmental goods - hence, countering the too poor to be green argument. Secondly, from a methodological point of view, we shall try to see if the incentive compatible CV analysis provides a good measurement of subjects willingness-to-pay for environmental premium. Our investigation provides an answer to both issues, showing how using an incentive compatible experiment produces, in the case of Ghana, reliable results and that Ghanaians consistently show that they are willing to pay an extra premium for green products. |
| Subjects: | | contingent valuation experiment incentive-compatible Ghana organic products, willingness to pay |
| JEL: | | C9 Q5 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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