期刊
BUSINESS & SOCIETY
卷 53, 期 1, 页码 6-44出版社
SAGE PUBLICATIONS INC
DOI: 10.1177/0007650310362254
关键词
information disclosure policy; eco-label; certification; hedonic regression; information asymmetry
类别
Although there is increasing use of eco-labeling, conditions under which eco-labels can command price premiums are not fully understood. In this article, we demonstrate that the certification of environmental practices by a third party should be analyzed as a strategy distinct fromalthough related tothe disclosure of the eco-certification through a label posted on the product. By assessing eco-labeling and eco-certification strategies separately, researchers can identify benefits associated with the certification process, such as improved reputation in the industry or increased product quality, independently from those associated with the actual label. In the context of the wine industry, we show that eco-certification leads to a price premium while the use of the eco-label does not.
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