An exploratory study of environmental attitudes and the willingness to pay for environmental certification in Mexico

This paper explores how environmental attitudes of consumers in Mexico influence their willingness to pay a premium (or, marginal WTP) for environmentally-certified products. In addition, we also challenge the theoretical assumption that the relationship between environmental attitudes and purchasin...

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Bibliographic Details
Published in:Journal of business research Vol. 67; no. 5; pp. 891 - 899
Main Authors: Husted, Bryan W., Russo, Michael V., Meza, Carlos E. Basurto, Tilleman, Suzanne G.
Format: Journal Article
Language:English
Published: New York Elsevier Inc 01-05-2014
Elsevier Sequoia S.A
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Summary:This paper explores how environmental attitudes of consumers in Mexico influence their willingness to pay a premium (or, marginal WTP) for environmentally-certified products. In addition, we also challenge the theoretical assumption that the relationship between environmental attitudes and purchasing is linear. We test our hypotheses with an analysis of marginal WTP based on a survey of 301 Mexican consumers. Using conjoint analysis to determine marginal WTP, we find support for the idea that as attitudes become more pro-environmental, they more than proportionally boost marginal WTP. We conclude our paper by discussing implications for research and practice that focus on environmental segments of consumers.
Bibliography:ObjectType-Article-2
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ISSN:0148-2963
1873-7978
DOI:10.1016/j.jbusres.2013.07.008