When is Environmentalism Good for the Environment?
In: Environmental and resource economics, Volume 82, Issue 1, p. 1-28
Abstract
AbstractWe study how the supply of environmentalism, which is defined by psychic benefits (costs) associated with the purchase of high-environmental (low-environmental) qualities, affects the way firms choose their prices and products and the ensuing consequences for the global level of pollution. Contrary to general belief, a high supply of environmentalism does not necessarily give rise to a better environmental outcome because it endows the green firms with more market power which they use to charge higher prices. Nonetheless, environmentalism can be used to effectively complement more traditional policy instruments such as a minimum environmental standard.
Citations
We have found one citation for you at OpenAlex.
We have found citations for you at OpenAlex.
References
We have found one reference for you at OpenAlex.
We have found references for you at OpenAlex.
Languages
English
Publisher
Springer Science and Business Media LLC
ISSN: 1573-1502
DOI
Report Issue