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| Author: | Kotchen, M. J. |
| Title: | Impure public goods and the comparative statics of environmentally friendly consumption |
| Journal: | Journal of Environmental Economics and Management
2005 : MAR, VOL. 49:2, p. 281-300 |
| Index terms: | environmental quality green consumers public goods |
| Language: | eng |
| Abstract: | This paper suggests that "green" products are impure public goods that arise through joint production of a private characteristic and an environmental public characteristic. The created model accounts for the way that the jointly produced characteristic of a green product may be available separately as well-through a conventional-good substitute, direct donations to improve environmental quality, or both. The demand for green products and demand for environmental quality depend on market prices, green-production technologies, and ambient environmental quality. |
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