CONSUMERS' WILLINGNESS TO PAY FOR ECO-CERTIFIED WOOD PRODUCTS

dc.creatorJensen, Kimberly L.
dc.creatorJakus, Paul M.
dc.date2017-04-01T13:51:41Z
dc.date.accessioned2026-07-09T03:38:31Z
dc.descriptionWe 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 1600 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 $29 shelf, a $200 chair, and a $800 table) we find the estimated market premiums to be 12.9%, 8.5%, and 2.8%, respectively.
dc.identifierdoi:10.22004/ag.econ.22159
dc.identifierhttps://ageconsearch.umn.edu/record/22159/files/sp03je01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/22159
dc.identifier.urihttp://hdl.handle.net/123456789/537238
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/22159
dc.titleCONSUMERS' WILLINGNESS TO PAY FOR ECO-CERTIFIED WOOD PRODUCTS
dc.typeText

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