کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7361533 1478860 2017 65 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Microcredit and willingness to pay for environmental quality: Evidence from a randomized-controlled trial of finance for sanitation in rural Cambodia
ترجمه فارسی عنوان
قرضه های کوچک و تمایل به پرداخت هزینه های کیفیت محیط زیست: شواهد حاصل از یک کارآزمایی کنترل شده به صورت تصادفی از منابع مالی برای بهداشت در کامبوج روستایی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
Low willingness to pay (WTP) for environmental quality in developing countries is a key research question in environmental economics. One explanation is that missing credit markets may suppress WTP for environmental improvements that require large up-front investments. We test the impact of microloans on WTP for hygienic latrines via a randomized controlled trial in 30 villages in rural Cambodia. We find that microcredit dramatically raises WTP for improved latrines, with 60% of households in the Financing arm willing to purchase at an unsubsidized price, relative to 25% in the Non-financing arm. Effects on latrine installation are positive but muted by several factors, including a negative peer effect: randomly induced purchases by neighbors reduce a household's probability of installing its own latrine. On methodological grounds, this paper shows that a “decision-focused evaluation” can be integrated into academic analysis to provide insight into questions of general interest.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Environmental Economics and Management - Volume 86, November 2017, Pages 121-140
نویسندگان
, , , , , , ,