Income Elasticity of Environmental Amenities
Departamento de Economía, dECON
University of Vigo - Faculty of Economics and Business
Universidad de la Republica - Departamento de Economía (dECON)
U of Uruguay, Dept. of Econ., Faculty of Social Sciences Working Paper No. 2/2000
In this paper we are concerned with the estimation of income elasticities of environmental amenities. The novelty is the application of econometric methods that take into account the problem of measurement errors when estimating these elasticities, which are common in microeconomic data and are not usually considered in the applied literature related with this issue. Our aim is to discuss whether the measurement error has significant effects on the elasticities. Data from the Expenditure Budget Survey of Uruguay (1996) are used.
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Number of Pages in PDF File: 24
Keywords: environmental goods, demand
JEL Classification: D0, D1working papers series
Date posted: August 14, 2001
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