Publication: Is there a price premium for certified wood? Empirical evidence from log auction data in Japan
Is there a price premium for certified wood? Empirical evidence from log auction data in Japan
dc.contributor.author | Yamamoto, Y. | |
dc.contributor.author | Takeuchi, K. | |
dc.contributor.author | Shinkuma, T. | |
dc.date.accessioned | 2022-01-23T18:56:10Z | |
dc.date.available | 2022-01-23T18:56:10Z | |
dc.identifier.uri | https://open.fsc.org/handle/resource/725 | |
dc.title | Is there a price premium for certified wood? Empirical evidence from log auction data in Japan | en |
dcterms.accessRights | Public | |
dcterms.accessRights | Limited access | |
dcterms.bibliographicCitation | Yamamoto, Y.; Takeuchi, K.; Shinkuma, T., 'Is there a price premium for certified wood? Empirical evidence from log auction data in Japan', Forest Policy and Economics, 38, 2014, 168-172 pp. | en |
dcterms.issued | 2014 | |
dcterms.language | en | |
dcterms.type | Journal Article | |
dspace.entity.type | Publication | |
fsc.evidenceCategory | FSC impact-related | |
fsc.focus.sustainDimension | Economic | |
fsc.subject | Forests | |
fsc.subject | Certification | |
fsc.subject | Finance | |
fsc.topic.economic | Price premium | |
is.availability.fullText | Full text available | |
is.contact.email | yuuki00007@hotmail.com | |
is.contributor.member | Forest Stewardship Council | |
is.coverage.country | Japan | |
is.coverage.countryAlpha2 | JP | |
is.coverage.geographicLevel | Country | |
is.coverage.latitude | 36.204824 | |
is.coverage.longitude | 138.252924 | |
is.coverage.region | Eastern Asia | |
is.evaluation.counterfacts | No | |
is.evaluation.dataSource | Independent researcher data | |
is.evaluation.quotes | The existence of a price premium is important for sustainable forest management. On the demand side, a precondition for a price premium is that customers have a willingness to pay more for certified wood products than for conventional products. | |
is.evaluation.quotes | Our estimation results show that there is a price premium of 1.4% for certified timber in the Japanese market. This is in the lower range of the additional willingness to pay found in other studies. This can be attributed to institutional differences between Japan and other countries, the effect of supply volume, or overestimation resulting from the use of the stated preference technique. Forsyth et al. (1999), for example, found that the important factors considered by consumers purchasingwood products are quality and price, and certification has less of an impact on their decision making. | |
is.evidenceResourceType | Primary | |
is.evidenceSubType | Empirical study - with matched control, data collected post-intervention | |
is.evidenceSummary | The study asseses the extent to which certification of forest products results in certified products commanding a price premium through the study of certified log transactions in Japan. | |
is.evidenceType | Empirical study | |
is.extent.pages | 168-172 | |
is.extent.volume | 38 | |
is.focus.products | Timber products | |
is.focus.sdg | SDG 12 - Responsible Production and Consumption | |
is.focus.sectors | Agriculture | |
is.focus.sectors | Forestry | |
is.focus.sustainDimension | Economic | |
is.focus.sustainIssue | Consumers and supply chains | |
is.focus.sustainIssue | Participant costs and benefits | |
is.focus.sustainLens | Finance | |
is.focus.sustainOutcome | Price premiums | |
is.focus.sustainOutcome | Willingness-to-pay | |
is.focus.systemElement | MandE outcomes and impacts | |
is.focus.systemElement | MandE performance monitoring | |
is.identifier.code | Impacts | |
is.identifier.doi | https://doi.org/10.1016/j.forpol.2013.07.002 | |
is.identifier.fscdoi | http://dx.doi.org/10.34800/fsc-international690 | |
is.identifier.schemeName | Forest Stewardship Council | |
is.identifier.schemeName | Programme for the Endorsement of Forest Certification | |
is.identifier.schemeType | Voluntary Sustainability Standards | |
is.item.reviewStatus | Peer reviewed | |
is.journalName | Forest Policy and Economics |