Using stated preference methods to design cost-effective subsidy programs to induce technology adoption: An application to a stove program in southern Chile

JOURNAL OF ENVIRONMENTAL MANAGEMENT

卷:132

Article

Gomez, Walter^1,5  Salgado, Hugo^2,5,6  Vasquez, Felipe^3,4,5  Chavez, Carlos^4,5,6 

[1] Univ La Frontera, Dept Ingn Matemat, Temuco, Chile

[2] Univ Talca, Fac Ciencias Empresariales, Talca, Chile

[3] Univ Desarrollo, Sch Business & Econ, Concepcion, Chile

[4] Univ Concepcion, Dept Econ, Concepcion, Chile

[5] Res Nucleus Environm & Resource Econ MSI, Concepcion, Chile

[6] Interdisciplinary Ctr Aquaculture Res INCAR, Concepcion, Chile

关键词: Stated preferences;    Cost-effectiveness;    Environmental policy;    Urban pollution;    Households;    Contingent valuation;    Choice experiments;   

DOI  :  10.1016/j.jenvman.2013.11.020

来源: Elsevier

【 摘 要 】

We study the design of an economic incentive based program - a subsidy - to induce adoption of more efficient technology in a pollution reduction program in southern Chile. Stated preferences methods, contingent valuation (CV), and choice experiment (CE) are used to estimate the probability of adoption and the willingness to share the cost of a new technology by a household. The cost-effectiveness property of different subsidy schemes is explored numerically for different regulatory objectives. Our results suggest that households are willing to participate in voluntary programs and to contribute by paying a share of the cost of adopting more efficient technologies. We find that attributes of the existing and the new technology, beyond the price, are relevant determinant factors of the participation decision and payment. Limited access to credit markets for low income families can be a major barrier for an effective implementation of these types of programs. Variations in the design of the subsidy and on the regulator's objective and constraints can have significant impact on the level and the cost of reduction of aggregate emissions achieved. (C) 2013 Elsevier Ltd. All rights reserved.

【 授权许可】

Free