A Spatial Econometric Analysis of Compliance with an International Environmental Agreement on Open Access Resources
AbstractThis paper provides an empirical analysis of the role of intergovernmental relations on a country's effort to enforce the objectives of an international environmental agreement on an open access resource. Intergovernmental interaction allows signatory countries to observe compliance behavior of other signees and to punish non-compliance by applying bi- and multilateral sanctions. We use a cross-sectional dataset that contains country level information about compliance with the 1995 UN Code of Conduct for Responsible Fisheries. Our identi cation strategy combines a spatial autoregressive model with spatial autoregressive disturbances and an instrumental variable approach. We find a strong positive effect of other countries' compliance on the individual country's compliance score. These results suggest that repeated interactions among participants might not only play a role in enforcing the obligations of an agreement at the community level but also have an impact at the international level.
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Bibliographic InfoPaper provided by Faculty of Economics and Statistics, University of Innsbruck in its series Working Papers with number 2011-10.
Date of creation: Oct 2011
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International environmental agreements; open access resources; spatial econometrics;
Other versions of this item:
- Stefan Borsky & Paul A. Raschky, 2011. "A Spatial Econometric Analysis of Compliance with an International Environmental Agreement on Open Access Resources," Monash Economics Working Papers 05-11, Monash University, Department of Economics.
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- F53 - International Economics - - International Relations and International Political Economy - - - International Agreements and Observance; International Organizations
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
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