Climate change, population ageing and public spending: Evidence on individual preferences

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dc.contributor.authorAndor, Mark
dc.contributor.authorSchmidt, Christoph M.
dc.contributor.authorSommer, Stephan
dc.date.accessioned2017-01-31T14:58:48Z
dc.date.available2017-01-31T14:58:48Z
dc.date.issued2017
dc.description.abstractEconomic theory, as well as empirical research, suggest that elderly people prefer public spending on policies yielding short-term benefits. This might be bad news for policies aimed at combating climate change: while the unavoidable costs of these policies arise today, the expected benefits occur in the distant future. Drawing on data from over 12,000 households and using the ordered logit and the generalized ordered logit model, we analyze whether attitudes towards climate change and climate policies, as well as public spending preferences, differ with respect to age. Our estimates show that elderly people are less concerned about climate change, but more concerned about other global challenges. Furthermore, they are less likely to support climate-friendly policies, such as the subsidization of renewables, and allocate less public resources to environmental policies. Thus, our results suggest that the ongoing demographic change in industrialized countries may undermine climate policies.en
dc.identifier.urihttp://hdl.handle.net/2003/35771
dc.identifier.urihttp://dx.doi.org/10.17877/DE290R-17798
dc.language.isoende
dc.relation.ispartofseriesDiscussion Paper / SFB823;4, 2017en
dc.subjectdemographicsen
dc.subjectgeneralized ordered logit analysisen
dc.subjectsurveyen
dc.subjectattitudesen
dc.subject.ddc310
dc.subject.ddc330
dc.subject.ddc620
dc.titleClimate change, population ageing and public spending: Evidence on individual preferencesen
dc.typeTextde
dc.type.publicationtypeworkingPaperde
dcterms.accessRightsopen access

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