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Taxes, Permits, and the Diffusions of a New Technology

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 and Mexico, Sweden

Deforestation Impacts of Environmental Services Payments – Costa Rica’s PSA Program 2000–2005

The 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 and Mexico