The real effective exchange rate and deforestation

Jean-Louis Arcand, Patrick Guillaumont () and Sylviane Guillaumont Jeanneney ()

No 200213, Working Papers from CERDI

Abstract: Based on an annual sample of 122 countries over the 1963-1994 period, this paper shows that real exchange rate depreciation reduces deforestation in relatively developed countries (with GDP per capita greater than $900) whereas it has the opposite effect in poor countries. A possible explanation for this result lies in the hypothesis that variations in the real exchange rate are perceived as being transitory in LDCs, given its high degree of instability in these countries. Our empirical results suggests that macroeconomic policy is a potentially important determinant of environmental outcomes.

Keywords: Deforestation; Real effective exchange rate (search for similar items in EconPapers)
Pages: 20
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://publi.cerdi.org/ed/2002/2002.13.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to publi.cerdi.org:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdi:wpaper:178

Access Statistics for this paper

More papers in Working Papers from CERDI Contact information at EDIRC.
Bibliographic data for series maintained by Vincent Mazenod ().