Institutions, Culture, and Wetland Values
Hristos Doucouliagos and
Helen Scarborough ()
Ecological Economics, 2019, vol. 157, issue C, 195-204
Do institutions and culture affect environmental values? In this article we analyze 1041 environmental valuations of 223 wetlands in 38 developing countries, to examine the effect of institutions and culture on environmental values. We assess three dimensions of institutional quality: economic freedom, democracy, and good governance. We also consider the impact of cultural differences. Possibly surprisingly, wetland values are lower in more market based economies and they are lower in cultures that are more indulgent and authoritarian. In contrast, improved government effectiveness increases wetland valuations. Understanding these important and varying effects of institutions and culture on wetland valuations is important for policy development and environmental preservation.
Keywords: Institutions; Culture; Wetlands; Valuations; Environmental preferences; Meta-regression (search for similar items in EconPapers)
JEL-codes: Q3 H4 O13 P48 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: Institutions, Culture, and Wetland Values (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:157:y:2019:i:c:p:195-204
Access Statistics for this article
Ecological Economics is currently edited by C. J. Cleveland
More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().