This paper argues that it is countries' historical experience with democracy, the democratic capital stock, rather than current levels of democracy that determines current climate change policies. Empirical evidence using data starting as far back as year 1800 for 87 countries, which together...

In this paper, we investigate how political institutions affect policy outcomes. In particular, does the level of political centralization affect the outcome of environmental decentralization? We use a cross section of up to 110 countries and a propensity score estimation approach. We find that...

A multiple-principal, multiple-agent lobby group model suggests that the effect of foreign direct investment (FDI) on environmental policies is conditional on the structure of host countries' political institutions such as the number of legislative units (veto players). The model also yields the...