Institutions and the Environment: Existing Evidence and Future Directions

38 Pages Posted: 27 Jun 2016 Last revised: 29 Jun 2016

See all articles by Shouro Dasgupta

Shouro Dasgupta

Fondazione Eni Enrico Mattei; CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Enrica De Cian

Fondazione Eni Enrico Mattei (FEEM); CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici

Date Written: June 27, 2016

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

JEL Classification: O10, Q5, Q00, P16

Suggested Citation

Dasgupta, Shouro and De Cian, Enrica, Institutions and the Environment: Existing Evidence and Future Directions (June 27, 2016). FEEM Working Paper No. 41.2016. Available at SSRN: https://ssrn.com/abstract=2800948 or http://dx.doi.org/10.2139/ssrn.2800948

Shouro Dasgupta

Fondazione Eni Enrico Mattei

Isola di San Giorgio 8
Venezia, VE 30124
Italy

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

Enrica De Cian (Contact Author)

Fondazione Eni Enrico Mattei (FEEM) ( email )

Campo S. M. Formosa, Castello 5252
Venice, 30122
Italy

CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici ( email )

via Augusto Imperatore, 16
Lecce, I-73100
Italy

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