We perform a model analysis to study the origins of limited resilience in ecological-economic systems. We demonstrate that the resilience properties of the ecosystem are essentially determined by the management institutions and consumers' preferences for ecosystem services. In particular, we...

Emissions of pollutants tend to be procyclical as they generally increase with economic growth. However, as government policy has a role to play in the mitigation of the environmental consequences of economic activity, the quality of institutions may influence the procyclicality of pollution and...

Australian and New Zealand environmental economists have played a significant role in the development of concepts and their application across three fields within their subdiscipline: non-market valuation, institutional economics and bioeconomic modelling. These contributions have been spurred...

The goal of this paper is twofold: first, it assesses the current state of collaboration between institutionalist economics and the academic degrowth discourse on the topic of global inequalities. Since a systematic literature review of the current degrowth discourse shows that the level of such...

Countries around the world are developing carbon emissions markets as a governance mechanism to reduce greenhouse gas emissions and mitigate anthropogenic climate change. These markets are social institutions, designed to solve the transnational collective action problem of climate change. This...

The paper examines the impact of institutions on growth and environmental quality relationship in Africa using a static panel approach for the period 1996-2014. It disaggregates African economies into three categories based on World Bank framework. These categories include: i. poor institutions...