Willingness to Pay a Premium for Eco-labeled Leather Products

Eco-labels are becoming important market based instruments to influence the behavior of consumers and industries.The research examined households' willingness to pay a premium for environmental practices in a hypothetical market.The finding revealed that there is a market for eco-labeled leather products. Therefore; eco-labels could be used to complement mandatory laws and regulations for environmental protection.

Autorentext

Melka, Solomon G. S.(M.Sc. in Natural Resource and Environmental Economics). He is a part-time Lecturer in Addis Ababa University and Lecturer in MISRAK TVET College. He worked as a Chemist and Qualty Assurance Inspector in several organizations including; Quality and Standards Authority of Ethiopia and Ethiopian Pharmaceutical Factory.