Arbeitspapier
The demand for global and local environmental protection: Experimental evidence from climate change mitigation in Beijing
In this study, the real demand for global and local environmental protection in Beijing, China, is elicited and investigated. Participants from Beijing were offered the opportunity to contribute to voluntary climate change mitigation by purchasing permits from two Chinese CO2 emissions trading schemes (ETS). Purchased permits were withdrawn from the ETS. Since CO2 emissions mitigation is inevitably linked to other local benefits like the reduction in emissions of air pollutants, the aim of our study is to establish the demand for local and global environmental protection. To this end, Beijing and Shenzhen ETS permits were offered. The result is that at low prices the demand for Beijing ETS permits is significantly higher than for Shenzhen ETS permits indicating that a substantial part of the revealed demand for voluntary climate change mitigation in Beijing is driven by concerns for local co-benefits of CO2 emissions reduction. Our research identifies the important role of private benefits in the voluntary provision of the global public good climate change mitigation and provides first experimental evidence for China.
- Language
-
Englisch
- Bibliographic citation
-
Series: ZEW Discussion Papers ; No. 18-017
- Classification
-
Wirtschaft
Valuation of Environmental Effects
Climate; Natural Disasters and Their Management; Global Warming
Field Experiments
- Subject
-
demand for environmental protection
experimental economics
willingness to pay
China
voluntary climate change mitigation
co-benefits
- Event
-
Geistige Schöpfung
- (who)
-
Loeschel, Andreas
Pei, Jiansuo
Sturm, Bodo
Wang, Ran
Buchholz, Wolfgang
Zhao, Zhongxiu
- Event
-
Veröffentlichung
- (who)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (where)
-
Mannheim
- (when)
-
2018
- Handle
- URN
-
urn:nbn:de:bsz:180-madoc-456538
- Last update
- 10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Loeschel, Andreas
- Pei, Jiansuo
- Sturm, Bodo
- Wang, Ran
- Buchholz, Wolfgang
- Zhao, Zhongxiu
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Time of origin
- 2018
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