Vol. 77 No. 3 (2022)
Research Articles

Econometric analysis of choice drivers and willingness to pay for certified forest biomasses for energy

Liam Pippinato
Department of Agricultural, Forest and Food Sciences, University of Turin
Stefano Bruzzese
Department of Agricultural, Forest and Food Sciences, University of Turin
Raffaele Zanchini
Department of Agricultural, Forest and Food Sciences, University of Turin
Francesca Poratelli
Department of Agricultural, Forest and Food Sciences, University of Turin
Simone Blanc
Department of Agricultural, Forest and Food Sciences, University of Turin
Filippo Brun
Department of Agricultural, Forest and Food Sciences, University of Turin

Published 2022-11-25

Keywords

  • sustainability certification,
  • willingness to pay,
  • quality label,
  • pellet

How to Cite

Pippinato, L., Bruzzese, S., Zanchini, R., Poratelli, F., Blanc, S., & Brun, F. (2022). Econometric analysis of choice drivers and willingness to pay for certified forest biomasses for energy. Italian Review of Agricultural Economics (REA), 77(3), 41–53. https://doi.org/10.36253/rea-13655

Abstract

In the field of fuels generated from renewable resources, woody biomasses have found fertile ground for labelling. Indeed, several certification schemes have been developed, covering not only the sustainability of forest management, but also the chain of custody, allowing the traceability of products at different stages, from production to purchase. This study aims to investigate whether there is a willingness to pay for forest products for energy purposes with sustainability or quality certifications (FSC, PEFC and ENplus certifications) and what determines it, using pellets as reference product for the study. To do so, an exploratory analysis has been conducted, firstly using Principal Component Analysis (PCA) for a dimensional reduction and, subsequently, an ordered logistic regression. The results show that more than 30% of consumers are mainly willing to pay up to 10% more for PEFC and FSC certified pellets than for non-certified products, indicating a strong attention by consumers towards environmental issues, the quality certifications that can be adopted for pellets, and the attitude of consumers towards local and recycled products.

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