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Institutions and the Environment: Existing Evidence and Future Directions

Shouro Dasgupta and Enrica De Cian
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Enrica De Cian: Fondazione Eni Enrico Mattei and Centro Euro-Mediterraneo sui Cambiamenti Climatici

No 2016.41, Working Papers from Fondazione Eni Enrico Mattei

Abstract: In this review we synthetize the existing contributions that use econometric approaches to examine the influence of institutions and governance on environmental policy, environmental outcomes, and investments. The paper describes how the relationship between institutions and various response variables related to environmental performance and environmental policy have been conceptualized and operationalized in the literature, and it summarizes the main findings. The second part of the paper outlines avenues for future research in the specific context of energy and climate change. We identify various opportunities for empirical work that have recently emerged with the growing availability of data in the field of green investments, climate, and energy policy. Expanding the current empirical literature towards these research topics is of scientific and policy relevance, and can provide important insights on the broader field of sustainability transition and sustainable development.

Keywords: Institutions; Environmental Performance; Environmental Policy; Investments (search for similar items in EconPapers)
JEL-codes: O10 Q5 Q00 P16 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene, nep-env and nep-res
Date: 2016-06
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2016.41

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