Ibáñez, Marcela - Courant Research Centre PEG - 2010
Approximately 1.2% of Colombia’s GNP is spent every year on the war on drugs, but very little is known about coca … farming decisions at the household level. In order to understand the decision to cultivate coca as well as that of the amount … with coca and non-coca farmers living in Putumayo, Colombia. We find that farmers react to economic incentives and hence …