Government green procurement spillovers
Subtitle: evidence from municipal building policies in California
By: Timothy Simcoe, Michael W. Toffel
Contributors: Toffel, Michael W.; Harvard Business School
Series: Working paper / Harvard Business School -- 13-030; Working paper (Harvard Business School) -- 13-030
Publisher: Harvard Business School
Published: 2013
Place of publication: Boston]
Language: eng
Number of pages: 40
Work titles: Public procurement and the private supply of green buildings
Description: We investigate whether government green procurement policies stimulate private-sector demand for similar products and the supply of complementary inputs. 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 supplier investments in green building expertise. Our findings suggest that government procurement policies can accelerate the diffusion of new environmental standards that require coordinated complementary investments by various types of private adopters.
Notes: "September 2012. (Revised September 2013.)" -- Publisher's website.

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

Includes bibliographical references (pages 33-35).