Series: IMF Working Papers
Author(s): Muthukumara Mani , and Per Fredriksson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2002
Keywords: Property Rights, Rule of Law, and Environmental Policy, law, environmental policy, environmental tax, environmental stringency, Renewable Resources and Conservation: Government Policy, Models of Political Processes: Rent-seeking, Elections
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 s...