Abstract
Using apparel catalog data from the United States, we estimate hedonic price functions to identify market valuation of environmental attributes of apparel goods. We identify a significant and robust premium for the organic fibers embodied in the apparel goods. We also find a discount for the 'no-dye' label. We do not, however, find any evidence of a premium for environment-friendly dyes. We further investigate the pricing behavior of apparel suppliers for potential heterogeneous pricing of the organic-fiber attribute and find no evidence of different premia across firms.
Original language | English (US) |
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Pages (from-to) | 801-811 |
Number of pages | 11 |
Journal | American Journal of Agricultural Economics |
Volume | 81 |
Issue number | 4 |
DOIs | |
State | Published - Nov 1999 |
Externally published | Yes |
Keywords
- Dyes
- Eco-labels
- Hedonic price
- Organic-cotton apparel
ASJC Scopus subject areas
- Agricultural and Biological Sciences (miscellaneous)
- Economics and Econometrics