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You searched for: Publishing Institution Centre for International Environmental Studies, The Graduate Institute (IHEID) Remove constraint Publishing Institution: Centre for International Environmental Studies, The Graduate Institute (IHEID) Political Geography Africa Remove constraint Political Geography: Africa Publication Year within 10 Years Remove constraint Publication Year: within 10 Years Publication Year within 5 Years Remove constraint Publication Year: within 5 Years Topic Climate Change Remove constraint Topic: Climate Change
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  • Author: Pedro Naso
  • Publication Date: 09-2019
  • Content Type: Research Paper
  • Institution: Centre for International Environmental Studies, The Graduate Institute (IHEID)
  • Abstract: I study the economic motivations behind a reduction in the discretionary power of environmental regulators, and the impact that such reduction has on perceived corruption in South Africa. I examine the transition from the Air Pollution Protection Act of 1965 to the Air Quality Act of 2005, a change from full to partial delegation of regulation. By constructing a principal-agent model, I argue that this transition might have occurred because of an increase in the dispersion of rent-seeking motivations of public agents. This happens because, from the principal’s perspective, the possible harm— loose pollution control and misappropriation of environmental fines— generated by corrupt agents is greater than the potential benefits brought by diligent agents. In my empirical analysis, I use diff-indiffs models for a two-period panel with 191 South African firms to show that the regulatory change decreased treated firms’ perceived corruption, but did not improve other institutional quality measures.
  • Topic: Climate Change, Economics, Environment, Regulation, Pollution
  • Political Geography: Africa, South Africa
  • Author: Pedro Naso
  • Publication Date: 12-2019
  • Content Type: Research Paper
  • Institution: Centre for International Environmental Studies, The Graduate Institute (IHEID)
  • Abstract: Since the second half of the 20th century, with the contributions of Coase, Williamson and North, the economic literature has emphasised the role of institutions in explaining differences in economic performance. According to the most diffused view, countries with good institutions will invest more in physical and human capital, will use productive factors in a more efficient way, and will achieve greater income level. But what are good institutions? And how should governments implement them? Answers to these questions have proven to be difficult mainly because of two characteristics of institutions: (i) institutional functioning is complex: the way institutions affect economic agents’ incentives is dependent on these agents’ individual preferences and the way they interact, which are difficult to predict; and (ii) they are context specific – the same institution in different contexts might result in a different economic outcome.
  • Topic: Climate Change, Economics, Environment, Regulation, Economic Policy
  • Political Geography: Africa, South Africa, Sierra Leone