The Economics of Green Building

Review of Economics and Statistics, 95(1): 50-63, 2013

By: University of California, Berkeley

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Green Building

This article assesses the economic significance of green building on the market for commercial office space. It analyzes rent and asset values to evaluate green building’s influence on this market. The article concludes that properties with green building certifications, energy efficiency features, and sustainable design command economic premiums in the marketplace.