| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Factors Influencing Willingness-to-Pay for the Energy Star Label
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| Autores: |
Ward, David O.
Clark, Christopher D.
Jensen, Kimberly L.
Russell, Clifford S.
Yen, Steven T.
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| Data: |
2010-04-30
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| Ano: |
2010
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| Palavras-chave: |
Energy Star
Willingness-to-pay
Eco-label
Consumer/Household Economics
Demand and Price Analysis
Environmental Economics and Policy
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| Resumo: |
In the United States, nearly 17 percent of greenhouse gas emissions come from residential energy use. Increases in energy efficiency for the residential sector can generate significant energy savings and emissions reductions. Consumer labels, such as USEPA’s Energy Star, promote conservation by providing consumers with information on energy usage for household appliances. This study examines how the Energy Star label affects consumer preferences for refrigerators. An online survey of a national sample of adults suggest that consumers are, on average, willing to pay an extra $249.82 to $349.30 for a refrigerator that has been awarded the Energy Star label. Furthermore, the results provide evidence that willingness to pay was motivated by both private (energy cost savings) and public (environmental) benefits.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/61141
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| Relação: |
Agricultural and Applied Economics Association>2010 Annual Meeting, July 25-27, 2010, Denver, Colorado
Selected Paper
10636
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| Formato: |
36
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