Lab member Professor Jim Sanchirico published a new paper on poverty programs and natural resources in the Proceedings of the National Academy of Sciences (PNAS) co-authored with two other Agricultural and Resource Economics department alumni and colleague. In the paper they model how cash transfer affect household incomes and market-driven natural resource use. They find that environmental degradation can reduce income benefits of these programs, particularly for individuals whose livelihoods depend directly on natural resources. The results suggest that cash transfer programs need to be implemented in tandem with environmental policies to achieve welfare gains and mitigate environmental damages that in turn economically harm communities.
Press Release from EurekAlert!