On the economic factors of deforestation: What can we learn from quantile analysis?

The deforestation factors at a global level have been widely studied in the empirical economic literature. However, the high heterogeneity among countries considerably limits the overall significance of the results. Using quantile approach, we show that some major deforestation factors are more prevalent in high deforestation countries, giving the insight that those factors have been under-estimated in previous studies. (C) 2012 Elsevier B.V. All rights reserved.