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Conservation of Tropical Forests

  • 10/10/2003
  • Working Paper
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.
Author(s)

  • Stefanie Engel, Erwin Bulte
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  • Associated Authors: Marilou Uy
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