Welfare perceptions of public expenditure on environmental and non-environmental goods
Increasing research shows that income growth has a less than substantial impact on people’s well-being. In contrast, environmental factors are found to have non-negligible impact on people’s well-being. The research raises the question of whether more can be done to improve the wellbeing of the p...
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| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
2020
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/144997 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Increasing research shows that income growth has a less than substantial impact on people’s
well-being. In contrast, environmental factors are found to have non-negligible impact on people’s
well-being. The research raises the question of whether more can be done to improve the wellbeing
of the public through government spending on the environment. We conducted pair comparison
surveys using the variance stable rank method on preferences for public expenditure on
education, environment and transportation in Singapore. Both aggregate preference rankings as
well as rank ordered logitregression analysis on individuals’ rankings reveal that respondents
perceive larger improvements in well-being from increasing public expenditure on environment
goods compared to an equivalent increase in public expenditure on education goods. |
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