Paulo A. L. D. Nunes and Laura Onofri
- Published in print:
- 2012
- Published Online:
- September 2012
- ISBN:
- 9780199656202
- eISBN:
- 9780191742149
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199656202.003.0011
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This chapter explores econometric analysis for capturing the relationship between a motivational variable, ‘warm glow’ for the provision of an environmental public good, and socio-economic ...
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This chapter explores econometric analysis for capturing the relationship between a motivational variable, ‘warm glow’ for the provision of an environmental public good, and socio-economic characteristics of individual consumers. We use microeconomic data provided by a national survey that was performed in Portugal to value the provision of a coastal, protected area. Estimation results show that ‘warm glow’ is mostly affected by four main effects: (1) charitable habits of respondents; (2) level of social participation to the community of the respondents: (3) degree of importance attributed to social policies by the respondents, and (4) the religious belief of the respondents. The interpretation of our estimates allowed us to categorize and profile two types of ‘warm-glowers’: the ‘ego-driven’ and the ‘socially-oriented’ ones. There is critical discussion on embodying (or not) the latent motivational structures (and underlying determination factors) when performing cost‐benefit analysis of environmental public goodsLess
This chapter explores econometric analysis for capturing the relationship between a motivational variable, ‘warm glow’ for the provision of an environmental public good, and socio-economic characteristics of individual consumers. We use microeconomic data provided by a national survey that was performed in Portugal to value the provision of a coastal, protected area. Estimation results show that ‘warm glow’ is mostly affected by four main effects: (1) charitable habits of respondents; (2) level of social participation to the community of the respondents: (3) degree of importance attributed to social policies by the respondents, and (4) the religious belief of the respondents. The interpretation of our estimates allowed us to categorize and profile two types of ‘warm-glowers’: the ‘ego-driven’ and the ‘socially-oriented’ ones. There is critical discussion on embodying (or not) the latent motivational structures (and underlying determination factors) when performing cost‐benefit analysis of environmental public goods
