Advertising and environmental stewardship: evidence from the BP oil spill (Record no. 514162)

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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Barrage, Lint, Eric Chyn, and Justine Hastings
245 ## - TITLE STATEMENT
Title Advertising and environmental stewardship: evidence from the BP oil spill
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc American Economic Journal: Economic Policy
300 ## - PHYSICAL DESCRIPTION
Extent 12(1), Feb, 2020: p. 33-61.
520 ## - SUMMARY, ETC.
Summary, etc This paper explores whether private markets can incentivize environmental stewardship. We examine the consumer response to the 2010 BP oil spill and test how BP's investment in the 2000–2008 "Beyond Petroleum" green advertising campaign affected this response. We find evidence consistent with consumer punishment: BP station margins and volumes declined by 2.9 cents per gallon and 4.2 percent, respectively, in the month after the spill. However, pre-spill advertising significantly dampened the price response, and may have reduced brand switching by BP stations. These results indicate that firms may have incentives to engage in green advertising without investments in environmental stewardship.- Reproduced
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Empirical Analysis, Environment and Development, Environment and Trade, Sustainability, Environmental Accounts and Accounting, Environmental Equity, Population Growth
9 (RLIN) 18524
773 ## - HOST ITEM ENTRY
Main entry heading American Economic Journal: Economic Policy
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP CONSUMER ECONOMICS
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2020-10-12 12(1), Feb, 2020: p. 33-61. AR123214 2020-10-12 Articles

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