Public expenses, credit and natural capital: Substitution or complementarity?

Jean-Louis Combes, Pascale Combes Motel () and Philippe Delacote
Additional contact information
Pascale Combes Motel: CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique
Authors registered in the RePEc Author Service: Pascale Motel Combes ()

Working Papers from HAL

Abstract: Improving access to capital through credit and public spendings is an important step toward development and poverty alleviation. At the same time, deforestation-related activities, like agricultural expansion, can be seen as relying on natural capital, through the depletion of forest resources and the use of land in an extensive way. It is then important to better understand how a better access to capital influences the use of land as a natural capital. This paper assesses the relationship between financial development, public spendings and deforestation. Are they substitute or complement? Our econometric analysis shows that deforestation is positively correlated to access to credit and public spendings, which gives some evidence that natural capital is a complement to credit and public spendings.

Keywords: deforestation; development; credit; public spendings (search for similar items in EconPapers)
Date: 2014-04-15
New Economics Papers: this item is included in nep-agr
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00979191v1
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://shs.hal.science/halshs-00979191v1/document (application/pdf)

Related works:
Working Paper: Public expenses, credit and natural capital: Substitution or complementarity? (2014)
Working Paper: Public expenses, credit and natural capital: Substitution or complementarity? (2014)
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:hal:wpaper:halshs-00979191

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().