The Rule of Law and the Pattern of Environmental Protection

27 Pages Posted: 29 Jan 2006

See all articles by Per G. Fredriksson

Per G. Fredriksson

University of Louisville - College of Business - Department of Economics; Institute for Corruption Studies

Muthukumara Mani

World Bank

Date Written: March 2002

Abstract

We develop and test a theory of the rule of law and environmental policy formation. In our model an increase in the degree of rule of law has two opposing partial effects on environmental policy: first, a greater share of policy decisions are implemented according to law; second, industry bribery efforts increase because more is at stake. Moreover, we find that an increase in corruptibility of policymakers lowers the stringency of environmental policy. The empirical findings suggest that a greater degree of rule of law raises environmental policy stringency, but the effect is lower where corruptibility is high.

Keywords: Property Rights, Corruption, Rule of Law, Environmental Policy

JEL Classification: Q28, D72, D78, K40

Suggested Citation

Fredriksson, Per G. and Mani, Muthukumara, The Rule of Law and the Pattern of Environmental Protection (March 2002). IMF Working Paper No. 02/49, Available at SSRN: https://ssrn.com/abstract=879448

Per G. Fredriksson (Contact Author)

University of Louisville - College of Business - Department of Economics ( email )

Louisville, KY 40292
United States

Institute for Corruption Studies

Stevenson Hall 425
Normal, IL 61790-4200
United States

Muthukumara Mani

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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