The ecnomics of environmental attitudes: absolute wealth, relative wealth, or both?

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Issue Date
2019-08-16
Language
en
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Abstract
What causes people to have environmental concerns? This study adds relative wealth concerns as an explaining factor for environmental concerns to the objective-problems subjective-values thesis of Ronald Inglehart. Previous studies focused on personal income and local environmental problems as factors to explain environmental concerns, where this study investigates a person’s subjective position in society as an essential factor. Using an OLS regression model, the empirical results confirm this hypothesis, with a positive relationship between relative wealth concerns and environmental concerns. Deviating results in robustness checks call, however, for further research on this topic.
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Faculteit der Managementwetenschappen