Do voluntary international environmental agreements work?
Espen Bratberg (),
Sigve Tjøtta () and
Torgeir Øines ()
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Torgeir Øines: Bodø Regional College
No 06/03, Working Papers in Economics from University of Bergen, Department of Economics
We consider the effects of international environmental agreements, using the Sofia Protocol on the reduction of nitrogen oxides. Our analysis utilizes panel data from 25 European countries for the period 1980–96. We divide these countries into “participants” and “non-participants”—that is, those that did and those that did not ratify the Sofia Protocol, respectively. Using a difference in difference estimator, we find that signing the treaty has a significant positive impact on emission reduction. The yearly reduction is approximately 2.4 percent greater than it would have been without the Sofia Protocol.
Keywords: international environmental agreements; public goods; evaluation (search for similar items in EconPapers)
JEL-codes: D62 H49 Q28 (search for similar items in EconPapers)
Pages: 26 pages
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Journal Article: Do voluntary international environmental agreements work? (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:bergec:2003_006
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