Political instability and non-market valuation : evidence from Croatia (CROSBI ID 251515)
Prilog u časopisu | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Kountouris, Yiannis ; Nakić, Zoran ; Sauer, Johannes
engleski
Political instability and non-market valuation : evidence from Croatia
We examine the effect of political instability on willingness to pay estimates (WTP) from nonmarket valuation, using data from a choice experiment implemented in Zagreb, Croatia to value groundwater quality and quantity. To evaluate the sensitivity of preferences for environmental quality to instability, we use the timing of a period of public protest that occurred in the city during the data collection and compare preferences before and during the protest. We find some evidence that WTP is lower in the period of political instability, but the result is sensitive to the specification used.
choice experiment ; political instability ; water pollution ; water quantity
Yiannis Kountouris i Zoran Nakić glavni su autori rada
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
Podaci o izdanju
41
2015.
19-39
objavljeno
0928-7655
1873-0221
10.1016/j.reseneeco.2015.03.004
Povezanost rada
Rudarstvo, nafta i geološko inženjerstvo, Ekonomija