Measuring Environmental Policy Stringency in OECD Countries: A Composite Index Approach
Cross-country analysis of the economic effects of environmental policies is limited by the lack of reliable, comparable measures of the stringency of environmental policies. This paper attempts to fill this gap, by constructing new quantitative indexes of environmental policy stringency (EPS). Selec...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2014
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Online-Zugang: | Volltext |
| Zusammenfassung: | Cross-country analysis of the economic effects of environmental policies is limited by the lack of reliable, comparable measures of the stringency of environmental policies. This paper attempts to fill this gap, by constructing new quantitative indexes of environmental policy stringency (EPS). Selected environmental policy instruments, primarily related to climate and air pollution, are scored and aggregated into composite EPS indexes. Two EPS indexes are proposed - one for the energy sector, and an extended one to proxy for the broader economy ("economy-wide"). They cover most OECD countries over 1990s-2012. While a simplification of the multidimensional reality of environmental policies, the EPS indicators are a first tangible effort to measure environmental policy stringency internationally over a relatively long time horizon. They show relatively high and significant correlations with alternative proxies of EPS used in the literature, such as measures of perceived stringency based on surveys, measures based on environmental outcomes and a composite policy-based measure with no time series. The paper describes some additional features of the EPS indicators and sketches out possible future extensions |
| Beschreibung: | 1 Online-Ressource (47 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5jxrjnc45gvg-en |
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| spelling | Botta, Enrico Verfasser aut Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach Enrico Botta and Tomasz Koźluk = Mesurer la sévérité des politiques environnementales dans les pays de l'OCDE : Approche fondée sur des indices composites / Enrico Botta et Tomasz Koźluk Mesurer la sévérité des politiques environnementales dans les pays de l'OCDE Paris OECD Publishing 2014 1 Online-Ressource (47 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Cross-country analysis of the economic effects of environmental policies is limited by the lack of reliable, comparable measures of the stringency of environmental policies. This paper attempts to fill this gap, by constructing new quantitative indexes of environmental policy stringency (EPS). Selected environmental policy instruments, primarily related to climate and air pollution, are scored and aggregated into composite EPS indexes. Two EPS indexes are proposed - one for the energy sector, and an extended one to proxy for the broader economy ("economy-wide"). They cover most OECD countries over 1990s-2012. While a simplification of the multidimensional reality of environmental policies, the EPS indicators are a first tangible effort to measure environmental policy stringency internationally over a relatively long time horizon. They show relatively high and significant correlations with alternative proxies of EPS used in the literature, such as measures of perceived stringency based on surveys, measures based on environmental outcomes and a composite policy-based measure with no time series. The paper describes some additional features of the EPS indicators and sketches out possible future extensions Environment Economics Koźluk, Tomasz ctb https://doi.org/10.1787/5jxrjnc45gvg-en Verlag kostenfrei Volltext |
| spellingShingle | Botta, Enrico Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach Environment Economics |
| title | Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach |
| title_alt | Mesurer la sévérité des politiques environnementales dans les pays de l'OCDE |
| title_auth | Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach |
| title_exact_search | Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach |
| title_exact_search_txtP | Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach |
| title_full | Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach Enrico Botta and Tomasz Koźluk = Mesurer la sévérité des politiques environnementales dans les pays de l'OCDE : Approche fondée sur des indices composites / Enrico Botta et Tomasz Koźluk |
| title_fullStr | Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach Enrico Botta and Tomasz Koźluk = Mesurer la sévérité des politiques environnementales dans les pays de l'OCDE : Approche fondée sur des indices composites / Enrico Botta et Tomasz Koźluk |
| title_full_unstemmed | Measuring Environmental Policy Stringency in OECD Countries A Composite Index Approach Enrico Botta and Tomasz Koźluk = Mesurer la sévérité des politiques environnementales dans les pays de l'OCDE : Approche fondée sur des indices composites / Enrico Botta et Tomasz Koźluk |
| title_short | Measuring Environmental Policy Stringency in OECD Countries |
| title_sort | measuring environmental policy stringency in oecd countries a composite index approach |
| title_sub | A Composite Index Approach |
| topic | Environment Economics |
| topic_facet | Environment Economics |
| url | https://doi.org/10.1787/5jxrjnc45gvg-en |
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