Wealth Accumulation and Activity Choice Evolution Among Amazonian Forest Peasant Households
AbstractThis paper examines investment and livelihood decisions among forest peasant households in the Amazonian floodplain. A dynamic household model of multiple asset accumulation and activity choice under risk and credit constraints is developed by incorporating natural resource use and human capital evolution. Asset portfolios and sectoral incomes are estimated and then simulated to investigate the endowment and lifecycle dependency as well as the convergence/divergence of asset accumulation and corresponding activity choices. Physical asset endowment (especially land) and different human capital evolutions across activities help to explain forest peasants' livelihood choices, distinctive asset portfolios, and divergent income outcomes over the lifecycle.
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Bibliographic InfoPaper provided by University of Wisconsin, Agricultural and Applied Economics in its series Staff Paper Series with number 434.
Date of creation: Sep 2000
Date of revision:
Other versions of this item:
- Yoshito Takasaki & BRADFORD L. BARHAM & Oliver T. Coomes, 2000. "Wealth Accumulation and Activity Choice Evolution Among Amazonian Forest Peasant Households," Wisconsin-Madison Agricultural and Applied Economics Staff Papers 434, Wisconsin-Madison Agricultural and Applied Economics Department.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
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