EconPapers    
Economics at your fingertips  
 

Unpacking the green box: Determinants of Environmental Policy Stringency in European countries

Donatella Gatti, Gaye del Lo and Francisco Serranito
Additional contact information
Gaye del Lo: CEPN - Centre d'Economie de l'Université Paris Nord - CNRS - Centre National de la Recherche Scientifique - Université Sorbonne Paris Nord

CEPN Working Papers from HAL

Abstract: This paper identifies the determinants of OECD Environmental Policy Stringency (EPS) index using a panel of 21 European countries for the period 2009-2019. If there is a large literature on the macroeconomic, political, and social determinants of EPS, the people's attitudes or preferences toward environmental policies is still burgeoning. Thus, the main goal of this paper is to estimate the effects of people's awareness regarding environmental issues on the EPS indicator. Due to the endogeneity of preferences, we have applied an instrumental variable framework to estimate our empirical model. Our most important result is to show that individual environmental preferences have a positive and significant effect on the level of EPS indicator : on average, a rise in individual preferences of 10% in a country will increase its EPS indicator by 2.30%. Our results have important policy implications.

Keywords: Environmental policy stringency; Environmental attitudes/concerns; inequality; environmental Kuznets curve; EU (search for similar items in EconPapers)
Date: 2023-08-25
New Economics Papers: this item is included in nep-ene and nep-env
Note: View the original document on HAL open archive server: https://hal.science/hal-04188866v1
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://hal.science/hal-04188866v1/document (application/pdf)

Related works:
Working Paper: Unpacking the green box: Determinants of Environmental Policy Stringency in European countries (2023) Downloads
Working Paper: Unpacking the green box: Determinants of Environmental Policy Stringency in European countries (2023) Downloads
Working Paper: Unpacking the green box: Determinants of Environmental Policy Stringency in European countries (2023) Downloads
Working Paper: UNPACKING THE GREEN BOX: DETERMINANTS OF ENVIRONMENTAL POLICY STRINGENCY IN EUROPEAN COUNTRIES (2023)
Working Paper: Unpacking the green box: Determinants of Environmental Policy Stringency in European countries (2023) Downloads
Working Paper: Unpacking the green box: Determinants of Environmental Policy Stringency in European countries (2023) Downloads
Working Paper: Unpacking the green box: Determinants of Environmental Policy Stringency in European countries (2023) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:cepnwp:hal-04188866

Access Statistics for this paper

More papers in CEPN Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2025-02-10
Handle: RePEc:hal:cepnwp:hal-04188866