Institutions, culture, and wetland values / Mayula Chaikumbung (Kasetsart University), Hristos Doucouliagos (Deakin University and IZA), Helen Scarborough (Deakin University) ; IZA Institute of Labor Economics
VerfasserChaikumbung, Mayula ; Doucouliagos, Chris ; Scarborough, Helen
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, September 2018
Elektronische Ressource
Umfang1 Online-Ressource (46 Seiten) : Diagramme
SerieDiscussion paper ; no. 11848
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Institutions, culture, and wetland values [0.58 mb]
Verfügbarkeit In meiner Bibliothek
Zusammenfassung (Englisch)

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.