Quotation Porumb, Vlad, Maier, Gunther, Anghel, Ion. 2020. The impact of building location on green certification price premiums: Evidence from three European countries. Journal of Cleaner Production. 272 (1)




Green building certification has gained global prominence in the wake of the recent calls for ensuring the sustainable development of expanding urban areas. This trend rooted in the fact that buildings are among the main sources of energy consumption and CO2 emissions. Green certification therefore emerged in response to sustainability concerns throughout the building sector. Nonetheless, the significant costs required by green investments have elicited scholars’ attention, in an attempt to determine if the benefits of green certification outweigh its costs. This study uses a proprietary data-set of office building transactions from three major European countries - Finland, France, and Germany - in order to analyze the price premium of green certification over the 2010–2015 period. ...


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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Cleaner Production
Citation Index SCI
WU-Journal-Rating new FIN-A, INF-A, STRAT-B, WH-B
Language English
Title The impact of building location on green certification price premiums: Evidence from three European countries
Volume 272
Number 1
Year 2020
Reviewed? Y
URL https://www.sciencedirect.com/science/article/pii/S0959652620321272?via%3Dihub
DOI https://doi.org/10.1016/j.jclepro.2020.122080
Open Access Y
Open Access Link https://www.sciencedirect.com/science/article/pii/S0959652620321272


Maier, Gunther (Details)
Anghel, Ion (Bucharest University of Economic Studies, Romania)
Porumb, Vlad (University of Groningen, Netherlands)
Research Institute for Spatial and Real Estate Economics FI (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
1807 Economic geography (Details)
5329 Economics of location (Details)
5330 Site selection (Details)
5332 Transport economics (Details)
5606 Spatial research (Details)
5611 Urban and regional analysis (Details)
5612 Economics of location (Details)
5618 Regional economy (Details)
5702 Population statistics (Details)
5915 Economic geography (Details)
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