Would developing country commitments affect US households' support for a modified Kyoto Protocol?

Would US households be willing to pay more to support a modified Kyoto Protocol (MKP) if developing countries had binding future limits on greenhouse gas production? We explore this question using data from a unique set of national Internet samples and web-based surveys. Using an advisory referendum...

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Bibliographic Details
Published in:Ecological economics 2004-03, Vol.48 (3), p.329-343
Main Authors: Li, Hui, Berrens, Robert P., Bohara, Alok K., Jenkins-Smith, Hank C., Silva, Carol L., Weimer, David L.
Format: Article
Language:English
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Summary:Would US households be willing to pay more to support a modified Kyoto Protocol (MKP) if developing countries had binding future limits on greenhouse gas production? We explore this question using data from a unique set of national Internet samples and web-based surveys. Using an advisory referendum format, the contingent valuation method is applied to estimate annual household willingness-to-pay (WTP) for US Senate ratification of the Kyoto Protocol for a split-sample treatment: the basic Kyoto Protocol (BKP) (control group) versus a MKP that includes limits on future greenhouse gas production for major developing countries (treatment group). The results indicate that the treatment significantly increases the probability of a Yes vote on the advisory referendum; econometric modeling results provide evidence that the MKP significantly increases US households' median WTP to support the treaty .
ISSN:0921-8009
1873-6106
DOI:10.1016/j.ecolecon.2003.10.010