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| Di Vita, Giuseppe. |
| 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 regression 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. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Dummy Variables; Environmental Kutznets Curve; Legal Families; Panel Data; Pollution Emissions; Environmental Economics and Policy; K4; Q0. |
| Ano: 2007 |
URL: http://purl.umn.edu/8219 |
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| Di Vita, Giuseppe. |
| In this article we apply and extend the model elaborated by Acemoglu and Verdier in their seminal paper (2000), to examine how the economy represented in their theoretical framework responds to an exogenous change in the agent's incentive. In particular, we focus on the consequences of a famous sentence of the Italian Supreme Court in plenary session, no. 500 of 1999, in which a revolutionary interpretation of civil liability rules is introduced, allowing private agents of our economy to appear before the court to demand reimbursement for the damages suffered as a consequence of illicit behavior of the public administration. This is one of the few cases in which the judex substantially makes law in a system of civil law, and the modification in incentive... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Public Economics. |
| Ano: 2006 |
URL: http://purl.umn.edu/12126 |
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