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| Jensen, Kimberly L.; Jakus, Paul M.; English, Burton C.; Menard, R. Jamey. |
| 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. |
| Tipo: Journal Article |
Palavras-chave: Eco-certification; Eco-labeling; Price premium; Spike models; Q5; Q23. |
| Ano: 2004 |
URL: http://purl.umn.edu/43452 |
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| Sedjo, Roger A.; Swallow, Stephen K.. |
| International environmental and government organizations propose eco-labeling as a market incentive to cause industry to operate in an ecologically sustainable and biodiversity-friendly manner. A microeconomic analysis questions whether eco-labeling will cause producer profits in a competitive industry to decline, even under a voluntary system, and whether eco-labeling will necessarily generate different prices for labeled and unlabeled product. Using wood product as an example, results identify conditions that may exist when firms lose profits, even under a voluntary system, and where existing production constraints may lead to a single price, regardless of labeling. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Eco-labeling; Prices; Markets; Environmental Economics and Policy; D40; L10; L15. |
| Ano: 1999 |
URL: http://purl.umn.edu/10826 |
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| Ribaudo, Marc; Hansen, LeRoy T.; Hellerstein, Daniel; Greene, Catherine R.. |
| U.S. farmers and ranchers produce a wide variety of commodities for food, fuel, and fiber in response to market signals. Farms also contain significant amounts of natural resources that can provide a host of environmental services, including cleaner air and water, flood control, and improved wildlife habitat. Environmental services are often valued by society, but because they are a public good—that is, people can obtain them without paying for them—farmers and ranchers may not benefit financially from producing them. As a result, farmers and ranchers under-provide these services. This report explores the use of market mechanisms, such as emissions trading and eco-labels, to increase private investment in environmental stewardship. Such investments could... |
| Tipo: Report |
Palavras-chave: Eco-labeling; Environmental service; Emissions trading; Market; Public good; Supply and demand; Transaction cost; Agricultural and Food Policy; Demand and Price Analysis; Environmental Economics and Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/56473 |
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| Carambas, Maria Cristina D.M.. |
| This article aims to explain the marketing margins in the eco-labeled products market in Thailand and the Philippines. It focuses on labeled organic agricultural commodities that are commonly exported especially in Europe, which has demand for this type of products. Understanding the interplay of economic variables influencing marketing margins in the eco-labeled market as compared to its conventional counterpart is relevant in understanding how this growing niche market works. The analytical framework developed by Gardner (1975) was used in the analysis to provide a basic understanding of how marketing margins behave. Econometric results show that changes in demand rather than the changes in supply explain most of the variations in margins particularly in... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing margins; Price spread; Organic products; Eco-labeling; Q12; Q13; M31; L11. |
| Ano: 2005 |
URL: http://purl.umn.edu/24600 |
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