Consumers' Willingness to Pay for Eco-Certified Wood Products
2004 ◽
Vol 36
(3)
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pp. 617-626
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Keyword(s):
We use Kriström'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 wood 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.
2013 ◽
Vol 19
(1)
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pp. 15-31
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1999 ◽
Vol 16
(2)
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pp. 122-140
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2007 ◽
Vol 9
(8)
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pp. 1100-1112
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2018 ◽
Vol 92
◽
pp. 65-72
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2007 ◽
Vol 7
(9)
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pp. 1339-1342
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2015 ◽
Vol 22
(12)
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pp. 9494-9504
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2015 ◽
Vol 22
(2)
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pp. 121-128
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Keyword(s):
2019 ◽
Vol 47
(4)
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Keyword(s):