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Willingness to pay for sustainable housing
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics Stockholm.
KTH.
2010 (English)Report (Other academic)
Abstract [en]

Over the last decades there has been an increasing focus on how to build a sustainable society and in particular on how to design policies that pushes the society into a more sustainable direction. The present paper aims at analysing differences between house buyers when valuing environmental characteristics associated with the house as such. The theoretical framework used is based on the hedonic modelling, but we are also estimating the second stage by assuming a translog utility function. In doing that we are able to estimate the non-marginal willingness to pay for environmental housing attributes and whether environmental aware household have a higher willingness to pay or not. The conclusion to be drawn from the analysis is that there is a positive willingness to pay for environmental attributes. Hence, there may be room for policy measures such as information campaigns. However, it seems to be more effective concerning environmental housing attribute that do not require large investment.

Place, publisher, year, edition, pages
Stockholm: Statens väg- och transportforskningsinstitut, 2010. , 19 p.
Series
CTS Working Paper, 2010:6
Keyword [en]
Dwelling, Environment protection, Sustainability
Keyword [sv]
Bostäder, Miljöskydd, Hållbar utveckling
National Category
Economics
Research subject
SAB, Economics and finance
Identifiers
URN: urn:nbn:se:vti:diva-717OAI: oai:DiVA.org:vti-717DiVA: diva2:669417
Available from: 2013-12-03 Created: 2013-12-03 Last updated: 2014-05-16Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf