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- 2019.1
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This paper contributes to the controversial literature on democratic institutions and environmental quality. Despite an extensive literature, studies have not focused on the transmission channels by which democracy affect environmental quality. Using panel data from 1960 to 2008 in 122 developed and developing countries, results are as follows: First democratic institutions have opposite effects on environmental quality: a positive and direct effect on environmental quality and a negative indirect effect through domestic investments and income inequality. Second, the positive effect of democracy on environmental quality is higher in developed countries than in developing countries.
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참고문헌 (66)
참고문헌 신청
Acemoglu, D. / 2005 / Unbundling Institutions / Journal of Political Economy 113(5):949~995
Acemoglu, D. / 2001 / The Colonial Origins of Comparative Development : An Empirical Investigation / American Economic Review 91(5):1369~1401
Acemoglu, D. / 2006 / Economic Origins of Dictatorship and Democracy / Cambridge University Press
Arellano, M. / 1991 / Some Tests of Specification for Panel Data : Monte Carlo Evidence and an Application to Employment Equations / Review of Economic Studies 58(2):277~297
Arellano, M. / 1995 / Another Look at the Instrumental Variable Estimation of Error-Components Models / Journal of Econometrics 68(1):29~51
Acemoglu, D. / 2001 / The Colonial Origins of Comparative Development : An Empirical Investigation / American Economic Review 91(5):1369~1401
Acemoglu, D. / 2006 / Economic Origins of Dictatorship and Democracy / Cambridge University Press
Arellano, M. / 1991 / Some Tests of Specification for Panel Data : Monte Carlo Evidence and an Application to Employment Equations / Review of Economic Studies 58(2):277~297
Arellano, M. / 1995 / Another Look at the Instrumental Variable Estimation of Error-Components Models / Journal of Econometrics 68(1):29~51
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