This paper extends the basic model of Fausmann, and theoretically analyzes how forest tenure reform, tax reform, and market development affect timber supply. By using the survey data of a village…

For the most part, economic research in Latin America has had a ‘macro’ orientation (e.g., economic growth, monetary and fiscal policy, hyperinflation crisis). This is perfectly understandable because…

Economists in Latin America are moving beyond the prevailing ‘macro’ orientation of their research focusing more on questions linked to development and the use and management of the environmental…

Everyone wants to blame the undervalued Yuan for global problems. Economists have claimed it will prolong the global recession. Pundits link the export-driven economy to lax environmental regulations…

Policy makers are under increasing pressure to deliver policies that not only foster employment and growth but also are environmentally sustainable. Green growth seeks for even more ambitious results…

We conducted a survey in the Guangdong province in China to measure happiness among preadolescents and their parents. The objective of this study was to investigate what explains preadolescents’…

A personal carbon allowance (PCA) scheme targets emissions from individual consumption and allocates allowances directly to individuals by dividing the carbon budget on a per capita basis. In this…

This report reviews the current status of second generation biofuels. First generation biofuels continue to be substantially subsidized, and this has contributed to the increasing use of such fuel…

The ability to provide public goods is essential for economic and social development, yet there is very limited empirical evidence regarding contributions to a real local public good in developing…

Despite the recent popularity of conditional cash transfers (CCT) and payments for environmental services (PES) programs, what determines their success is not well understood. We developed a…