Environmental Quality Provision and Eco-labelling: Some Issues
This paper is a literature survey of some relevant issues arising from environmental quality provision and eco-labelling schemes. First of all it is shown how the two topics are strictly related. Firms adopting a production process (or producing a good) more environmentally friendly than others (environmental quality provision aspect) may want to make it public (eco-labelling aspect). The survey addresses the question of optimal environmental quality provision (also as a policy tool) and firms compliance. With regard to eco-labelling, its impacts on market structure are analysed.From the empirical evidence it can be concluded that information plays a crucial role both for consumersâ€™ and producersâ€™ decisions. Consumers are willing to pay a higher price to be informed about the greenness of a good, and a label can really be a determinant in their choice of which brand to purchase. On the supply side, disclosing information about the environmental performance of a firm can affect investment decisions and its stock value.
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- Cesare Dosi & Michele Moretto, 2001.
"Is Ecolabelling a Reliable Environmental Policy Measure?,"
Environmental & Resource Economics,
Springer;European Association of Environmental and Resource Economists, vol. 18(1), pages 113-127, January.
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1384, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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- Klaus Conrad, 2003. "Price Competition and Product Differentiation when Consumers Care for the Environment," Working Papers 2003.66, Fondazione Eni Enrico Mattei.
- Bansal, Sangeeta & Gangopadhyay, Shubhashis, 2003. "Tax/subsidy policies in the presence of environmentally aware consumers," Journal of Environmental Economics and Management, Elsevier, vol. 45(2, Supple), pages 333-355, March.
- Foulon, Jerome & Lanoie, Paul & Laplante, Benoit, 2002. "Incentives for Pollution Control: Regulation or Information?," Journal of Environmental Economics and Management, Elsevier, vol. 44(1), pages 169-187, July.
- Konar, Shameek & Cohen, Mark A., 1997. "Information As Regulation: The Effect of Community Right to Know Laws on Toxic Emissions," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 109-124, January.
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