Are Eco-Labels Valuable? Evidence from the Apparel Industry
Wesley Nimon, John C. Beghin
November 1998 [99-WP 213]
Nimon, W. and J.C. Beghin. 1998. "Are Eco-Labels Valuable? Evidence from the Apparel Industry." Working paper 99-WP 213. Center for Agricultural and Rural Development, Iowa State University.
Environmentally friendly labels, or eco-labels, have begun appearing on products in the United States and Europe as a manifestation of industry efforts to be perceived as environment-friendly. This study investigates the extent of market valuation of the environmental claims made by apparel manufacturers.