Suchergebnisse

Green areas provide aesthetic, recreational, social, and environmental benefits to surrounding communities. Local governments usually face many challenges while deciding on the protection of existing green space or the creation of new one. Understanding the direct economic impacts of green areas on neighboring properties can help with the economic and political decision-making. The aim of this study is to estimate individuals' valuations of green space in a highly densely populated city like Buenos Aires, Argentina. This paper applies spatial hedonic price models to obtain the value of urban green areas, urban trees, and tree cover. The results show a price premium for all green variables, and that not all trees are valued equally. Also, results suggest that more diversity increase the monetary value of a property. Results from this study could help inform the debate on the true opportunity costs of allowing construction over unused parcels of land in Buenos Aires. ; Facultad de Ciencias Económicas

AbstractMany studies explored consumer motivation toward purchasing behavior of environmentally friendly products. However, although consumers are aware of products' possible environmental and social impacts, there is no transparent approach to obtain such information and facilitate their green purchasing accordingly. Therefore, based on the developed novel scale of sustainability‐related information of the product as a moderating factor, this research aims to study the facilitating mechanism of such information in influencing consumers' purchasing behavior with a premium price. An online survey of 713 consumers was conducted in the context of purchasing new energy vehicles. Using SPSS 25, the social impact information could significantly affect the premium price the consumers would pay compared to environmental impact information. Furthermore, marital status, income level, and age significantly affect the purchasing behavior of potential consumers. This study provides theoretical and methodological support for enterprises to develop product sustainability indicators and guide them in designing business activities.

In current times, the concept of sustainable consumption is at the forefront owing to the impact it creates on the society and the environment. Consumers have become more observant towards the consumption related environmental problems and it influences their purchase decisions. There is a link between the consumer concern for the environment and also their knowledge levels about the environment friendly products. While most of the studies agree that environmental knowledge and environmental concern as the prime factors, how consumers gain this knowledge and concern was not adequately explained. Based on the literature survey a conceptual model was designed and a structured closed ended questionnaire was used to collect the responses from 309 respondents, the measurement scales were borrowed from the existing literature. The results show that those consumers possessing a high intensity of environmental knowledge and peer influence to encourage them to have stronger intentions to become sustainable conscious customers.

PurposeThis study aims to examine the influence of green feature adoption on building value within Jakarta, Indonesia's market. It assesses the presence of green premiums or brown discounts through a supply-demand analysis, evaluates their impact on building values, and identifies factors influencing green features' value reflection and development.Design/methodology/approachThis study employs a qualitative approach to investigate the green feature reflection on building value in Jakarta, Indonesia. Data is gathered through questionnaires and semi-structured interviews with appraisers, the GBCI, and developers.FindingsThe study's findings reveal a positive acceptance of green buildings in Jakarta's market, with most appraisers recognising a higher perceived value in these sustainable structures. Factors contributing to this higher value perception encompass green building certifications, reduced operational costs, and increased appeal to potential tenants. Conversely, hindering factors include a lack of law enforcement and limited availability of market data.Practical implicationsThe study highlights practical considerations for construction and real estate stakeholders on the factors influencing green building development. Supporting factors for green building development include sustainability training, compliance with green building standards, and incentives. Conversely, obstacles encompass enforcement challenges, stakeholder expertise deficits, and resistance to change.Originality/valueThis study is the first in Indonesia, magnifying its significance and potential impact. It pioneers exploring green building features' influence on building value in Jakarta, presenting a unique contribution to the existing literature. This originality emphasises the imperative for sustainable development in the region and sets the stage for future research and policy initiatives.