Working Paper: NBER ID: w11859
Authors: Joni Hersch; W. Kip Viscusi
Abstract: This article examines age variations in support for environmental protection policies that affect climate change using a sample of over 14,000 respondents to a 1999 Eurobarometer survey. There is a steady decline with age in whether respondents are willing to incur higher gasoline prices to protect the environment. This relationship remains after controlling for socioeconomic characteristics. There are age-related differences in information about environmental risks, information sources about the environment, perceived health risks from climate change, and degree of worry about climate change. However, taking these factors into account does not eliminate the age variation in willingness to pay more for gasoline to protect the environment.
Keywords: environmental policies; climate change; willingness to pay; age differences; Eurobarometer survey
JEL Codes: Q25; H23
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Information Sources (L86) | Willingness to Pay (WTP) for environmental policies (Q26) |
| Age (J14) | Information Sources used for environmental knowledge (Q53) |
| Age (J14) | Willingness to Pay (WTP) for environmental policies (Q26) |
| Perceived Health Risks from Climate Change (Q54) | Willingness to Pay (WTP) for environmental policies (Q26) |
| Worry about Global Warming (Q54) | Willingness to Pay (WTP) for environmental policies (Q26) |