Arbeitspapier
Institutions, Culture, and Wetland Values
Do institutions and culture affect environmental values? In this article we analyze 1,041 environmental valuations of 223 wetlands in 38 developing countries, to examine the effect of institutions and culture on environmental values. We assess three dimensions of institutional quality: economic freedom, democracy, and good governance. We also consider the impact of cultural differences. Possibly surprisingly, wetland values are lower in more market based economies and they are lower in cultures that are more indulgent and authoritarian. In contrast, improved government effectiveness increases wetland valuations. Understanding these important and varying effects of institutions and culture on wetland valuations is important for policy development and environmental preservation.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 11848
- Classification
-
Wirtschaft
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Other Economic Systems: Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
- Subject
-
institutions
culture
wetlands
valuations
environmental preferences
meta-regression
- Event
-
Geistige Schöpfung
- (who)
-
Chaikumbung, Mayula
Doucouliagos, Chris
Scarborough, Helen
- Event
-
Veröffentlichung
- (who)
-
Institute of Labor Economics (IZA)
- (where)
-
Bonn
- (when)
-
2018
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Chaikumbung, Mayula
- Doucouliagos, Chris
- Scarborough, Helen
- Institute of Labor Economics (IZA)
Time of origin
- 2018
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