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Institutions, culture, and wetland values
journal contribution
posted on 2019-03-01, 00:00 authored by M Chaikumbung, H Doucouliagos, Helen ScarboroughHelen ScarboroughDo institutions and culture affect environmental values? In this article we analyze 1041 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.
History
Journal
Ecological economicsVolume
157Pagination
195 - 204Publisher
ElsevierLocation
Amsterdam, The NetherlandsPublisher DOI
ISSN
0921-8009Language
engPublication classification
C1 Refereed article in a scholarly journal; C Journal articleCopyright notice
2018, Elsevier B.V.Usage metrics
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No categories selectedKeywords
InstitutionsCultureWetlandsValuationsEnvironmental preferencesMeta-regressionScience & TechnologySocial SciencesLife Sciences & BiomedicineEcologyEconomicsEnvironmental SciencesEnvironmental StudiesEnvironmental Sciences & EcologyBusiness & EconomicsENVIRONMENTAL KUZNETS CURVEWILLINGNESS-TO-PAYENDOGENOUS PREFERENCESPOLITICAL-INSTITUTIONSPOLICY FORMATIONDEFORESTATIONCORRUPTIONQUALITYDEMOCRACYGOVERNANCE
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