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Determinants of green building adoption

Fuerst, F., Kontokosta, C. and McAllister, P. (2014) Determinants of green building adoption. Environment and Planning B: Planning and Design, 41 (3). pp. 551-570. ISSN 1472-3417

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To link to this item DOI: 10.1068/b120017p


In this paper we investigate variations in the adoption of LEED-certified commercial buildings across 174 core-based statistical areas in the United States. Drawing upon a unique database and using a robust analytical framework, the determinants of the proportion LEED-certified space are modeled. We find that, despite high growth rates, LEED-certified stock accounts for a relatively small proportion of the total commercial stock. The average proportion is less than 1%. A further contribution of the paper is that our concentration measure avoids the biases associated with simple percentage measures that were used in previous studies of this topic. Strongest predictors of the proportion of LEED-certified commercial space in a local market are market size, educational attainment and economic growth. In terms of policy effectiveness, it is found that only a mandatory requirement to obtain LEED certification for new buildings has a significant positive effect on market penetration.

Item Type:Article
Divisions:Henley Business School > Real Estate and Planning
ID Code:60420

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