@article{Fernandes:53224,
      recid = {53224},
      author = {Fernandes, Luciany Lima and Coelho, Alexandre Braganca and  Fernandes, Elaine Aparecida and Lima, Joao Eustaquio de},
      title = {Como compensar e incentivar os municípios a proteger e  conservar o meio ambiente? O caso do ICMS Ecológico em  Minas Gerais},
      address = {2009},
      number = {1513-2016-131751},
      series = {Working Papers in Applied Economics},
      pages = {28},
      year = {2009},
      abstract = {The ecological ICMS was first used to distribute a share  of the ICMS revenue in the state of Parana in 1991. This  pioneer experience originated from counties’ claims which  argued that their economies were harmed by land use  restrictions, mainly because they were watershed protection  areas or their territory was part of a conservation unit.  Responding to these claims, the state government changed  the ICMS allocation criteria, favoring those counties with  added funds. In the Minas Gerais State, the Ecological ICMS  was implemented in 1995 with the “Robin Hood Law”. The  objective of this study was to evaluate the Ecological ICMS  in Minas Gerais as an instrument for compensation and  incentive. Results showed the creation of a conservation  unit would compensate most of Minas Gerais counties because  of the Ecological ICMS, although the attractiveness of the  conservation option has been declining systematically over  the years. Regarding the incentive effect of the Ecological  ICMS, results showed that the Ecological ICMS really  compensates and incentives Minas Gerais counties to  preserve the environment because there is a direct  relationship between the amount received from Ecological  ICMS and the growth of protected areas in Minas Gerais  counties.},
      url = {http://ageconsearch.umn.edu/record/53224},
      doi = {https://doi.org/10.22004/ag.econ.53224},
}