Government green procurement spillovers
Subtitle: evidence from municipal building policies in California
By: Timothy Simcoe, Michael W. Toffel
Contributors: Toffel, Michael W., author; Harvard Business School
Edition: Revised edition
Series: Working paper / Harvard Business School -- 13-030; Working paper (Harvard Business School) -- 13-030.
Publisher: Harvard Business School
Published: 2014
Place of publication: Boston]
Language: eng
Number of pages: 41
Work titles: Public procurement and the private supply of green buildings
Description: We study how government green procurement policies influence private-sector demand for similar products. Specifically, we measure the impact of municipal policies requiring governments to construct green buildings on private-sector adoption of the US Green Building Council's Leadership in Energy and Environmental Design (LEED) standard. Using matching methods, panel data, and instrumental variables, we find that government procurement rules produce spillover effects that stimulate both private-sector adoption of the LEED standard and investments in green building expertise by local suppliers. These findings suggest that government procurement policies can accelerate the diffusion of new environmental standards that require coordinated complementary investments by various types of private adopter.
Notes: "September 2012. (Revised May 2014.)" -- Publisher's website.

Revision of Public procurement and the private supply of green buildings.

Includes bibliographical references (pages 34-36).