In this paper, we use geospatial data and difference-in-differences models to identify the deforestation effects, during 2000-2013, of the leading forest policies in the Peruvian Amazon: i) logging concessions, ii) third-party certification of concessions, and iii) Protected Areas (PAs). We find...

Concessions that grant logging rights to firms support economic development, based on forest resources. Eco-certifications place sustainability restrictions on the operation of such logging concessions. Using a spatially detailed panel and new DID estimators, we estimate the 2002-2018 impacts on...

This paper extends the Hartman model to study the optimal rotation age of two interdependent stands when the stream of amenities produces from the two stands may be complements or substitutes, both in space and over time. In the presence of stand interdependence both the ownership structure and...

We study the socially optimal design of forest royalty and enforcement instruments in the case where concessions are allocated by a government, illegal logging incentives are present, and the government has available both area-based and value-based royalty instruments. When harvesters are risk...