Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Measure of Environmental Regulation

  • Vittoria ColomboEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_722

Definition

Environmental law and economics has been largely focused on the effect that different environmental rules can have on economic outcomes, while only few detected the difficulty of analysis of such subject, mainly due to the measurement of environmental stringency. There is no homogeneous way to measure environmental regulation, due to its peculiarities; environmental rules are often designed based on elements other than just the legal principle, such as geographical characteristics, scientific data, the level of pollution and the industry sector involved, and elements that must be taken into account in order of not incurring in methodological mistakes. This essay examines the main approaches and indicators of environmental regulation, considering the advantages and disadvantages of any of them. It also analyzes the main risks of a wrong methodological approach to the measurement of environmental rules.

Environmental regulation is an atypical form of regulation, which needs to...

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Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Università degli Studi di TorinoTurinItaly