Abstract

http://ssrn.com/abstract=2276185
 


 



Green Building Geography Across the United States: Does Governmental Incentives or Economic Growth Stimulate Construction?


Darren A. Prum


Florida State University

Tetsuo Kobayashi


Florida State University - Department of Geography

May 1, 2013

Real Estate Law Journal (2014, Forthcoming)

Abstract:     
As green building activity continues to rise across the country, some state governments decided to create incentives that would motivate developers to voluntarily pursue third party certification for their real estate projects in order to assist in meeting sustainability and environmental goals. Despite the growing number of studies in green buildings, the geography of green buildings and sustainable construction only includes a few studies, which emphasize the lack of green building research from the spatial perspective and their relevance to public policies the lack of green building research from the spatial perspective and their relevance to public policies. This study analyses spatial distributions of certified green buildings in relation to governmental incentives deemed necessary to further environmentally friendly public policies that embrace sustainable construction practices while applying a regression analysis over time to determine the impact of such a course of action in relation to economic growth. This study focuses on each of the six states that applied tax incentives. The regression analysis between the number of certified green buildings and Gross Domestic Product in each state shows positive correlation between the two indicating an economic growth is a significant factor to explain the growth in green buildings.

Number of Pages in PDF File: 25

Keywords: Green Buildings, LEED, USGBC, Green Globes, Green Building incentives

JEL Classification: K34, R1, R14, R12, R52, R58, K32

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Date posted: June 8, 2013 ; Last revised: February 10, 2014

Suggested Citation

Prum, Darren A. and Kobayashi, Tetsuo, Green Building Geography Across the United States: Does Governmental Incentives or Economic Growth Stimulate Construction? (May 1, 2013). Real Estate Law Journal (2014, Forthcoming). Available at SSRN: http://ssrn.com/abstract=2276185 or http://dx.doi.org/10.2139/ssrn.2276185

Contact Information

Darren A. Prum (Contact Author)
Florida State University ( email )
College of Business
P. O. Box 3061110
Tallahassee, FL 32306-1110
United States
Tetsuo Kobayashi
Florida State University - Department of Geography ( email )
FL
United States
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