Governing for the Future? Life expectancy and the politics of environmental investment

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<title>rning for the Future? Life expectancy and the politics of environmental investment</title>
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<namePart>Alfano, Vincenzo</namePart>
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<namePart>Capasso, Salvatore</namePart>
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<namePart>Signorelli, Marcello</namePart>
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<abstract displayLabel="Summary">This article investigates whether the temporal orientation of political actors influences the allocation of public resources to environmental policy. Using a novel panel dataset of Italian regions from 2000 to 2021, the study links demographic information on executives and legislative assemblies to disaggregated public expenditure data. Employing fractional response models, it estimates the effect of policymakers' life expectancy-adjusted age on the share of environmental spending across current, capital, and total expenditure. Results indicate that regions with legislative bodies having longer remaining life spans allocate a smaller share to environmental policy, while executives' longer horizons positively influence capital investment in the environment. These findings highlight institutional asymmetries in intertemporal politics and contribute to understanding how demographic characteristics of policymakers shape sustainability-oriented fiscal decisions.</abstract>
<note type="statement of responsibility">Vincenzo Alfano; Salvatore Capasso; Marcello Signorelli</note>
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<topic>Política económica</topic>
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<topic>Medio ambiente</topic>
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<topic>Impacto ambiental</topic>
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<topic>Economía</topic>
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<geographic>Italia</geographic>
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<url displayLabel="electronic resource" usage="primary display">https://doi.org/10.1016/j.jeoa.2026.100621</url>
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<title>The Journal of the economics of ageing</title>
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<publisher>Oxford : Elsevier ScienceDirect, 2021-</publisher>
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<identifier type="local">MAP20210010194</identifier>
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<text>13/04/2026 Volumen 34 - 2026 </text>
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