Does globalization lead to environmental degradation? What is the role of democracy for environmental performance and do left-wing governments really care more about the environment? Using a comprehensive measure of environmental performance, we test these three hypotheses for a panel of 134...

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced...

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced...