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The author looks at the effects of the choice between taxes and permits on the pattern of adoption of a new emissions abatement technology. The regulator determines the optimal ex-post amount of…
| EfD Discussion Paper | Central America, SwedenThe authors estimated the deforestation impact of Costa Rica’s pioneering environmental services payments program (Pagos por Servicios Ambientales, or PSA) between 2000 and 2005. Despite finding that…
| EfD Discussion Paper | Central America