کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5049485 1476368 2015 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The value of environmental status signaling
موضوعات مرتبط
علوم زیستی و بیوفناوری علوم کشاورزی و بیولوژیک بوم شناسی، تکامل، رفتار و سامانه شناسی
پیش نمایش صفحه اول مقاله
The value of environmental status signaling
چکیده انگلیسی

How much are consumers willing to pay to signal their environmental consciousness? We identify the signaling value of an environmental public good by focusing on hybrid cars and exploiting the physical uniqueness of the Toyota Prius relative to hybrids that look identical to their non-hybrid counterparts. We deploy a quasi-experimental hedonic model to estimate this willingness to pay. We find that, controlling for observable and unobservable factors, the Prius commands an environmental signaling value of $587 or 4.5% of its value. Our research provides lessons for economists and policymakers, and contributes to the literature on identifying signaling values.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Ecological Economics - Volume 111, March 2015, Pages 1-11
نویسندگان
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