The Diffusion of Energy Efficiency in Building

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Portfolio greenness and the financial performance of REITs (2012, methodology): “As instrumental variables, we exploit a measure for the greenness of the location in which a property is located, and a measure of local green building policies for the MSA in which a property is located, following Kok et al. (2011b). The authors calculate locational greenness measures dividing the ”
Government Green Procurement Spillovers: Evidence from Municipal Building Policies in California (2014, background): “Kok, McGraw, and Quigley (2011) reveal a positive association between the number of LEED Accredited Professionals and the growth rate of LEED certification.”
Economic returns to residential green building investment: The developers' perspective☆ (2014, result): “Some of the earlier studies also suggest that the expected positive price premium is a key factor in explaining why green building development has been advancing rapidly during recent years in several major economies (Kok et al., 2011).”
The capitalization of green labels in the California housing market (2014, background): “The inventory of certified green commercial space in the U.S. has increased dramatically since the introduction of rating schemes (Kok et al., 2011).”
The impact of energy labels and accessibility on office rents (2012, background): “This contrasts the oft-invoked thesis on ‘‘economies of scale’’ in building retrofits (Kok et al., 2011).”