Aktuelles – Details

3. Dezember 2019

Institutional quality and environmental goods preservation

Ein Vortrag von Vladimir Otrachshenko (IOS Regensburg) im Rahmen der Seminarreihe des AB Ökonomie am IOS.
Datum: 3. Dezember 2019
Zeit: 13.30 Uhr
Ort: Leibniz-Institut für Ost-und Südosteuropaforschung (IOS), Landshuter Str. 4 (Raum 109)

This paper examines how the perception of institutional quality by the Russian citizens affects the willingness to pay for the preservation of environmental goods and services. The motivation is drawn from an environmental preservation problem involving the natural unique landscape at risk in Russia. Using the uniquely collected data from the field experiment, we elicit the willingness to pay for the preservation of the unique glass beach in the Far East of Russia. For this purpose, we apply for stated preference technique. In order to capture the perceived institutional quality, we also collected the answers to a set of follow-up attitudinal questions, addressing different reasons related to lack of trust in institutions, fairness issues with respect to the distribution of the burden of preservation, acceptance the vehicle of payment, and preservation for future generation. Our findings suggest that citizens are willing to pay for the preservation of environmental goods and services in Russia to preserve them for future generations. Another finding is that institutional mistrust and poor local governance are the main obstacles for citizens’ willingness to pay.