Legal Families and Environmental Protection: Is there a Causal Relationship?

32 Pages Posted: 24 May 2007 Last revised: 28 Apr 2010

See all articles by Giuseppe DiVita

Giuseppe DiVita

University of Catania - Department of Economics and Business

Date Written: July 1, 2007

Abstract

In this paper we build up the analysis of La Porta et al. (1998), to investigate the importance of legal families in explaining the variations in pollution emissions in different countries. The main intuition behind our analysis is that the nations in which the rights of shareholders are more protected, promote real and financial investment; this increases the speed at which the per-capita income corresponding to the declining branch of the Environmental Kutznets Curve (EKC) is achieved. In econometrics different regressions analyses were performed using as dependent variables three different kinds of pollutants (CO2, fine suspended particulates and waste), including as an explanation some financial variables never before considered in this kind of study.

Keywords: Dummy variables, Environmental Kutznets Curve, Legal Families, Panel data, Pollution emissions.

JEL Classification: K4, Q0

Suggested Citation

DiVita, Giuseppe, Legal Families and Environmental Protection: Is there a Causal Relationship? (July 1, 2007). FEEM Working Paper No. 78.2007, Available at SSRN: https://ssrn.com/abstract=987966 or http://dx.doi.org/10.2139/ssrn.987966

Giuseppe DiVita (Contact Author)

University of Catania - Department of Economics and Business ( email )

Corso Italia no. 55
Catania 95129, Catania
Italy
+39 95 230335 (Phone)
+39 95 321654 (Fax)

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