Header

UZH-Logo

Maintenance Infos

Is social responsibility a normal good?


Bartling, Björn; Valero, Vanessa; Weber, Roberto A (2018). Is social responsibility a normal good? Working paper series / Department of Economics 299, University of Zurich.

Abstract

We investigate whether growth in consumer income causes an increased willingness to pay to mitigate negative externalities from consumption. Correlational field evidence suggests a positive relationship between income and social responsibility. To investigate a causal link, we conduct a laboratory market experiment in which firms and consumers can exchange products that differ in the degree to which they mitigate negative external impacts at the expense of higher production costs. Our treatments exogenously vary consumers’ incomes. Our experimental results reveal that growth in consumer income causes an increase in the share of socially responsible consumption in the laboratory. Such a causal relationship is significant from a policy perspective, as it implies that some negative external impacts of consumption activity can be mitigated as societies experience economic growth.

Abstract

We investigate whether growth in consumer income causes an increased willingness to pay to mitigate negative externalities from consumption. Correlational field evidence suggests a positive relationship between income and social responsibility. To investigate a causal link, we conduct a laboratory market experiment in which firms and consumers can exchange products that differ in the degree to which they mitigate negative external impacts at the expense of higher production costs. Our treatments exogenously vary consumers’ incomes. Our experimental results reveal that growth in consumer income causes an increase in the share of socially responsible consumption in the laboratory. Such a causal relationship is significant from a policy perspective, as it implies that some negative external impacts of consumption activity can be mitigated as societies experience economic growth.

Statistics

Downloads

36 downloads since deposited on 17 Sep 2018
14 downloads since 12 months
Detailed statistics

Additional indexing

Other titles:The causal effect of income growth on consumer social responsibility
Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Department of Economics
Dewey Decimal Classification:330 Economics
JEL Classification:C92, D31, D62, M14
Uncontrolled Keywords:Social responsibility, income growth, normal goods, laboratory experiment, market game, Einkommen, Verbraucher, Externer Effekt, Soziale Verantwortung, Experiment
Language:English
Date:September 2018
Deposited On:17 Sep 2018 15:30
Last Modified:28 Jan 2021 12:32
Series Name:Working paper series / Department of Economics
Number of Pages:58
ISSN:1664-7041
Additional Information:Auch erschienen als CESifo Working Paper No. 7263 Revised version erschienen als SSRN Working Paper No. 3249788 unter dem Titel The causal effect of income growth on consumer social responsibility
OA Status:Green
Official URL:http://www.econ.uzh.ch/static/wp/econwp299.pdf
Related URLs:http://www.econ.uzh.ch/static/workingpapers.php
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3249788

Download

Green Open Access

Download PDF  'Is social responsibility a normal good?'.
Preview
Content: Published Version
Filetype: PDF
Size: 1MB
Download PDF  'Is social responsibility a normal good?'.
Preview
Content: Published Version
Filetype: PDF (Revised version September 2020)
Size: 1MB