@article{oai:iuj.repo.nii.ac.jp:00000984,
 author = {N. S. Cooray, N. S. Cooray and K. D. U. D. Fernando, K. D. U. D. Fernando and Jalini Kaushalya Galabada, Jalini Kaushalya Galabada and Sashrika Cooray, Sashrika Cooray and N. S. Cooray, N. S. Cooray and K. D. U. D. Fernando, K. D. U. D. Fernando and Jalini Kaushalya Galabada, Jalini Kaushalya Galabada and Sashrika Cooray, Sashrika Cooray},
 journal = {Politics & International Relations Series, Politics & International Relations Series},
 month = {Jul},
 note = {Increasing agricultural land use is required to achieve SDG1 (no poverty) and SDG2 (zero hunger). However, agricultural land use and other input intensification strategies have been questioned due to the danger of increasing emissions of greenhouse gases (GHG) and damaging natural capital.  

Most contemporary approaches to agricultural land management and its consequences on the GHG are mostly discussed from the classical economic perspectives. Though the nature of institutions plays a pivotal role in resource allocation of any society and impact, the failure of micro and macroeconomic policies could not be explained by the old institutionalism. Adverse effects of GHG and land use become external to the market and the market may be failed to
capture actual cost and benefits. New Institutional Economics (NIE) attempts to prevent market externalities by introducing transaction costs to contractual arrangements and the legal system, stressing the importance of institutions or governance in minimizing and avoiding
market failure by lowering transaction costs.

We found that the influence of governance on agricultural land use management and GHG emissions is not comprehensively researched with scientific data. This research contributes to the existing knowledge by quantifying the effects of institutions measured by governance
indicators on agricultural land use and GHG emission using a panel dataset covering 176 countries for the period 2002-2019. A Two-Stage Least Square (2SLS) estimation technique was utilised to quantify the impact. The moderating influence of the overall governance on
agricultural land use has decreased the GHG emission by 2 per cent. Moreover, individual governance indicators, control of corruption (COC), regulatory quality (RGQ), voice and accountability (VAC), and absence of violence/terrorism (POS) have a significant moderating influence on agricultural land usage by 7 per cent, 6 per cent, 9 per cent, and 33 per cent, respectively. The research findings provide empirical confirmation backing and verifying that the quality of institutions measured by the World Bank governance indicators enhances sustainability by changing agricultural land use and reducing GHG emissions.},
 title = {Institutions, agricultural land utilisation and greenhouse gas emissions},
 year = {2022},
 yomi = {N. S. Cooray, N. S. Cooray and K. D. U. D. Fernando, K. D. U. D. Fernando and Jalini Kaushalya Galabada, Jalini Kaushalya Galabada and Sashrika Cooray, Sashrika Cooray}
}