Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world … incentives of local bureaucrats and politicians who enforce forest policy may be critical to understanding tropical deforestation … associated with increased deforestation and with lower prices in local wood markets, consistent with a model of Cournot …

deforestation. We focus on the Amazon, the world's most extensive rainforest, where Brazil's federal government issued a 'Priority …, we first estimate the causal impact of the Priority List on deforestation using 'changes-in-changes' (Athey and Imbens …, 2006), a flexible treatment effects estimation method, finding that it reduced deforestation by 40 percent and cut …

drastic switches at tipping points, in response to changes in rainfall patterns and other drivers. Deforestation cost studies … the true social cost of deforestation. We explore the implications of a forest-savanna critical transition and propose an … for ecosystem services. We apply this framework to the calculation of the social cost of deforestation of the Amazon …

frictions, such as taxicabs, trucks and bulk shipping. We illustrate the impact of two externalities: the well-known thin …/thick market externalities and what we call pooling externalities. We characterize analytically the conditions for efficiency, show …

presence of externalities. The paper employs a two-period, open economy framework in which the central government allocates its … externalities. This is not only because debt relief that expands the availability of current resources has positive direct income …

change externalities from carbon emissions involve critical asymmetries. Small countries trade off own country costs of …

Most regulations designed to reduce environmental externalities impose costs on individuals and firms. An active body … environmental externalities. We review this burgeoning literature and develop a simple and general framework for focusing future … empirical investigations. We apply our framework to findings related to the economic impact of air pollution, deforestation, and …