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Willingness to pay for drinking water quality improvement and the influence of social capital

Authors
Journal
The Journal of Socio-Economics
1053-5357
Publisher
Elsevier
Publication Date
Volume
40
Issue
1
Identifiers
DOI: 10.1016/j.socec.2010.06.010
Keywords
  • Willingness To Pay
  • Social Capital
  • Drinking Water Quality
  • Protest Responses
  • Greece
Disciplines
  • Ecology
  • Economics
  • Geography

Abstract

Abstract Several factors have been identified as determinants of willingness to pay (WTP), including socio-economic and environmental elements. The present article aims to investigate the influence of individual social capital on willingness to pay for environmental goods. In particular, through an empirical study, a multi-dimensional measurement of social capital is conducted and its influence on WTP for water quality improvement is explored. According to the results of the survey it is observed that social capital is a significant explanatory parameter of WTP.

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