Chimeli, Ariaster B.; Soares, Rodrigo Reis - 2011
illegality of drug trade. This paper explores a singular episode of transition of a market from legal to illegal to provide a … producer of big leaf mahogany (a tropical wood). Starting in the 1990s, policies restricting extraction and trade of mahogany …, culminating with prohibition, were implemented. First, we present evidence that large scale mahogany trade persisted after …