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Conservation of Tropical Forests

Addressing Market Failure - Working Paper #43

Stefanie Engel, Erwin Bulte

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
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