Signing as Signalling in International Environmental Agreements
Antonina Nazarova,
Corrado Di Maria and
Emiliya Lazarova
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Antonina Nazarova: University of East Anglia
No 2024-03, University of East Anglia School of Economics Working Paper Series from School of Economics, University of East Anglia, Norwich, UK.
Abstract:
In this paper, we revisit the role of the signature by the executive in the context of international environmental agreements. Using a novel panel dataset covering 52 agreements involving 203 countries over the period 1975-2017, we show that, contrary to conventional wisdom, the act of signing a treaty significantly increases the probability of ratification.
Keywords: International Environmental Agreements; Strategic Interaction; Signalling; Signature; Proportional Hazard Models (search for similar items in EconPapers)
JEL-codes: F53 K33 Q58 (search for similar items in EconPapers)
Date: 2024-02
New Economics Papers: this item is included in nep-ene, nep-env and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:uea:ueaeco:2024-03
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