RT Journal Article
SR Electronic
T1 Assessing the Effects of Deterrence Mechanisms on Deforestation in the Brazilian Savanna 
JF Land Economics
FD University of Wisconsin Press
SP 255
OP 270
DO 10.3368/le.102.2.032024-0027R1
VO 102
IS 2
A1 Meiners, Pedro G.
A1 Porsse, Alexandre A.
A1 Torres, Marcelo de Oliveira
YR 2026
UL http://le.uwpress.org/content/102/2/255.abstract
AB Deterrence mechanisms have garnered renewed interest as policy instruments to curb overexploitation of natural resources. In this study, deterrence is understood as inherently multidimensional, comprising the severity, celerity, and certainty of punishment. We use an instrumental variables approach to econometrically assess the effectiveness of these dimensions in reducing deforestation in the Brazilian savanna. The empirical results underscore the significance of severity and bureaucratic effectiveness, reflected in the certainty and celerity of enforcement, in curbing deforestation. These findings highlight the need to adopt a multidimensional legal and institutional framework to prevent deforestation in the region.