financing, namely seigniorage and deforestation revenues. First, we develop a theoretical model emphasizing a substitution … effect between seigniorage and deforestation revenues. Second, a panel-data econometric analysis over the 1990-2010 period … confirms our findings. Consequently, a tighter monetary policy hastens deforestation. Third, we extend the theoretical model …

Protected areas are increasingly used as a tool to fight against deforestation. This paper presents new evidence on the … in two steps. First, we assumed that protected areas are created to stop the negative effects of deforestation on … creation of protected areas. Our results show (i) that deforestation activities of neighboring municipalities are complements …

This paper investigates the mechanisms determining spatial interactions in deforestation, and its transmission channels …, using data from Brazil. Our preliminary results confirm the hypothesis that deforestation in the Brazilian Amazon is … characterized by complementarity, meaning that deforestation in a particular municipality tends to increase deforestation in its …

Australian Agency for International Development, Japan International Cooperation Agency, and the World Bank confirmed their …

deforestation rates. Consequently, there exists a substitution effect between deforestation rates and seigniorage. Empirical …

This paper focuses on the impact of property rights insecurity on deforestation in the Brazilian Legal Amazon …. Deforestation is considered as a risk management strategy: property rights insecurity reduces the present value of forests and … fosters forest conversion into agricultural and pasture lands. Moreover, deforestation is the consequence of strategic …

Although widely studied, deforestation remains a topical and typical issue. The relationship between economic … development and deforestation is still at stake. This paper presents a meta-analysis of Environmental Kuznets Curve (EKC) studies … for deforestation. Using 71 studies, offering 631 estimations, we shed light on why EKC results differ. We investigate the …

alleviation. At the same time, deforestation-related activities, like agricultural expansion, can be seen as relying on natural … between financial development, public spendings and deforestation. Are they substitute or complement? Our econometric analysis … shows that deforestation is positively correlated to access to credit and public spendings, which gives some evidence that …

seigniorage. Building on a simple theoretical model where governments target inflation and aim at reducing deforestation while … minimising a welfare loss function, we exhibit the potential substitution effect between seigniorage and deforestation revenues … and deforestation revenues, which is, as suggested by the theoretical model, even stronger if the endogenous character of …