Public Procurement and the Private Supply of Green Buildings
We measure the impact of municipal policies requiring governments to construct green buildings on private-sector adoption of the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) standard. Using matching methods, panel data, and instrumental variables, we find that government procurement rules produce spillover effects that stimulate both private-sector adoption of the LEED standard and supplier investments in green building expertise. Our findings suggest that government procurement policies can accelerate the diffusion of new environmental standards that require coordinated complementary investments by various types of private adopter.
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| Length: | |
| Date of creation: | Sep 2012 |
| Date of revision: | |
| Publication status: | published as T. Simcoe and M. To el. Government Green Procurement Spillovers: Evidence from Municipal Building Policies in California. Journal of Environmental Economics and Management, 68(3):411{434. Lead article. (November 2014). |
| Handle: | RePEc:nbr:nberwo:18385 |
| Note: | PR |
| Contact details of provider: | Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A. Phone: 617-868-3900 Web page: http://www.nber.org Email: More information through EDIRC
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