Showing 1 - 8 of 8
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 …
Persistent link: https://www.econbiz.de/10010883830
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 …
Persistent link: https://www.econbiz.de/10010883837
deforestation rates. Consequently, there exists a substitution effect between deforestation rates and seigniorage. Empirical …
Persistent link: https://www.econbiz.de/10005016468
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 …
Persistent link: https://www.econbiz.de/10005016554
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 …
Persistent link: https://www.econbiz.de/10010756227
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 …
Persistent link: https://www.econbiz.de/10008506061
This paper examines the effects of land tenure insecurity originating from land reforms on deforestation in the … and the strategic interactions between landowners and squatters lead to an over deforestation. The main theoretical … restriction is a positive impact of squatters on deforestation. It is successfully tested on a panel data set covering the …
Persistent link: https://www.econbiz.de/10005055246
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 …
Persistent link: https://www.econbiz.de/10010761630