THE ECONOMICS OF GREEN BUILDING

成果类型:
Article
署名作者:
Eichholtz, Piet; Kok, Nils; Quigley, John M.
署名单位:
Maastricht University; University of California System; University of California Berkeley
刊物名称:
REVIEW OF ECONOMICS AND STATISTICS
ISSN/ISSBN:
0034-6535
DOI:
10.1162/REST_a_00291
发表日期:
2013-03
页码:
50-63
关键词:
摘要:
We analyze the economics of green building, finding that recent increases in the supply of green buildings and the volatility in property markets have not affected the returns to green buildings. We then analyze a large cross-section of office buildings, demonstrating that economic returns to energy-efficient buildings are substantial. Finally, we relate the economic premiums for green buildings to their relative efficiency in energy use-the attributes rated for thermal efficiency, as well as sustainability, contribute to premiums in rents and asset values. Among green buildings, increased energy efficiency is fully capitalized into rents and asset values.
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