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The effects of current income and expected change in future income on stated preferences for environmental improvements

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Jette Bredahl Jacobsen, Thomas Hedemark Lundhede, Bo Jellesmark Thorsen
Journal: Journal of Forest Economics
Journal of Forest Economics (2013) 19 (2): 206–219.
https://doi.org/10.1016/j.jfe.2013.02.002
Published: 01 April 2013
... Wetlands Fields Q51 Q57 I39 It is widely believed that people’s emphasis on environmental goods and services increase with increasing income, and should be reflected in an increased marginal willingness to pay (WTP) for improvements in such goods. Therefore income sensitivity of WTP...
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