Dippold, Tobias; Mutl, Jan; Zietz, Joachim - In: Journal of Real Estate Research 36 (2014) 4, pp. 435-474
This paper examines the impact of economic conditions and local attitudes on investors’ decisions to opt for a green building certificate. The study is based on property locations in 211 counties and uses a fixed-effects estimator for a panel data set of 10,624 office buildings over 10...