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ECOLABELS AND ECONOMIC EFFICIENCY: SOME PRELIMINARY RESULTS AgEcon
Clark, Christopher D.; Russell, Clifford S..
The public provision of information about the environmental performance of firms and products has generated considerable enthusiasm and become a common instrument of environmental regulation, even though the economic analysis of the social welfare properties of these policies is quite limited. This paper proposes a model for examining these properties.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2004 URL: http://purl.umn.edu/20338
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Factors Influencing Willingness-to-Pay for the Energy Star Label AgEcon
Ward, David O.; Clark, Christopher D.; Jensen, Kimberly L.; Russell, Clifford S.; Yen, Steven T..
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...
Tipo: Conference Paper or Presentation Palavras-chave: Energy Star; Willingness-to-pay; Eco-label; Consumer/Household Economics; Demand and Price Analysis; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61141
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