Conservation of Tropical Forests
Addressing Market Failure - Working Paper #43
Paper 363kb pdf
This paper proposes to (1) summarize existing literature on the causes of deforestation and the magnitude of the various forest benefit components; (2) critically discuss the usefulness of forest valuation exercises; (3) discuss the main market failures underlying deforestation; and (4) highlight the relationship between different property rights regimes, market failures, and policy effectiveness.
About the Authors
Stefanie Engel
Professor
ETH Zürich
Erwin Bulte
Professor of Economics
Tilburg University
Publication Information
Type | Working Paper |
Program | Environmental Economics |
Posted | 10/10/03 |
Download | 363kb pdf |
# Pages | 46 |