Conservationists promote non-timber forest products (NTFP) to simultaneously alleviate poverty and conserve ecosystems. Unfortunately, little is known about how such products actually contribute to poverty alleviation, or how various complementary policies such as green marketing campaigns or...

This paper discusses the gain in efficiency from including deforestation risk as a targeting criterion in payments for environmental services (PES) programs. We contrast two payment schemes that we simulate using data from Mexican common property forests: a flat payment scheme with a cap on...

The development literature has devoted considerable attention <italic>to</italic> the commons and has ignored the wider economic context <italic>of</italic> the commons. I develop a model of two kinds of agents (naïve and sophisticated) using two kinds of assets (safe and unsafe) to illustrate the possibility of resource...

We analyze a two-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously determines whether technical progress will be capital- or resource-augmenting....

The effective labor possibilities frontier (ELPF) is defined as the set of statically efficient allocations of labor inputs in the competing tasks of production and R&D. It is concave if labor is heterogeneous. In an R&D-based growth model with an essential non-renewable natural resource, the...

This paper examines whether the stochastic convergence hypothesis of per capita carbon dioxide (CO₂) emissions is supported in countries with the same level of development – that is, are shocks to relative per capita CO₂ emissions temporary in industrialized countries? We respond to this...

Studies of compliance with fishing regulations have been based on fishery crimes where the offender faces a one-period decision problem of maximizing an expected utility. Moreover, the returns from the crimes are uncertain because the offender may lose them if caught. This paper extends these...