Are Eco-Labels Valuable? Evidence from the Apparel Industry
R. Wesley Nimon and
John C. Beghin
No 18417, Hebrew University of Jerusalem Archive from Hebrew University of Jerusalem
Abstract:
Using U.S. apparel catalogue data, we estimate hedonic price functions to identify market valuation of environmental attributes of apparel goods. We identify a significant and robust premium for the organic fibers embodied in the apparel goods. We also find a discount for the "no-dye" label. We do not, however, find any evidence of a premium for environment-friendly dyes. We further investigate the pricing behavior of apparel suppliers for potential heterogenous pricing of the organic-fiber attribute and find no evidence of different premia across firms.
Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 21
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:hebarc:18417
DOI: 10.22004/ag.econ.18417
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