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Investor Presentaiton

2) ICMS-E - empirical approach we analyze the effect of the introduction of ICMS-E among Brazilian states on protected area coverage with panel data from 1991 to 2009 controlling for socio-economic, biophysical, time-invariant individual, time-varying differences, and interactions of variables. ā†’ Does the introduction of ICMS-E increase the share of protected areas? formally (see appendix for definition of variables): it 0 1 it 2 it 3 it 6 it 7 it 8 it 9 ji 10 4 it it 5 it i tit HELMHOLTZ CENTRE FOR ENVIRONMENTAL RESEARCH - UFZ
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