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Abstract
Many studies have investigated the relationship between income and environmental preferences, but the findings are mixed. Using an ordered probit and pooled logit model, this work investigates the effect of income on environmental preferences from both a micro and macro perspective. Data collected from the World Value Survey, the European Social Survey, and the International Social Survey Program were merged with macro-income data from the World Bank. The results indicate a strong effect of income on environmental preferences after controlling for sociodemographic variables. While environmental preference tended to increase with income, the effects were strongest within the second-highest income group and the highest income group. In addition, at the macro level, the effect of national income on environmental preferences was significant.