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 …

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 …

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 …

Cattle Ranching is the main causes of deforestation in the Brazilian Amazon region. This paper analyses the proximate … causes of deforestation using linear regressions with panel data. The model evaluates the contribution of the main land uses … for deforestation from 2000 to 2006. Deforestation data from INPE-PRODES, number of heads of cattle, and area of temporary …

Many are the factors indicated by the pertinent literature concerning the causes of deforestation in Brazilian Legal … variables suggested as important that explain the deforestation of the Legal Amazon, in the period from 1997 to 2006. The … empirical evidence that there is a bidirectional causality between deforestation and the areas of permanent and temporary …

The deforestation of the Amazon forest is one of the most important environmental problems faced by the Brazilian … government. The economic literature points to numerous factors responsible for deforestation, and many of these are, directly or … can influence, or mitigate, Amazonian deforestation. The state of Pará is used as a case study, as it presents the highest …