| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Consumers' Willingness to Pay for Eco-Certified Wood Products
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| Autores: |
Jensen, Kimberly L.
Jakus, Paul M.
English, Burton C.
Menard, R. Jamey
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| Data: |
2008-09-22
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| Ano: |
2004
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| Palavras-chave: |
Eco-certification
Eco-labeling
Price premium
Spike models
Q5
Q23
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| Resumo: |
We use Kristrom’s simple spike model to assess the factors influencing consumers’ willingness to pay a premium for a variety of certified wood products. A survey of over 1,600 Pennsylvania and Tennessee residents found that approximately 35% were willing to pay some positive “premium” for environmentally certified wood products. For three types of weed products (a $28.80 shelf, a $199 chair, and a $799 table), we find the estimated market premiums to be $3.74, $15.94, and $45.07, respectively.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/43452
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| Relação: |
Journal of Agricultural and Applied Economics>Volume 36, Number 03, December 2004
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| Formato: |
10
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