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 Wisconsin-Madison Agricultural and Applied Economics Department in its series Wisconsin-Madison Agricultural and Applied Economics Staff Papers with number 434.
Length: 37 pages
Date of creation: Sep 2000
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Other versions of this item:
- Takasaki, Yoshito & Barham, Bradford L. & Coomes, Oliver T., 2000. "Wealth Accumulation and Activity Choice Evolution Among Amazonian Forest Peasant Households," Staff Paper Series 434, University of Wisconsin, Agricultural and Applied Economics.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-08-30 (All new papers)
- NEP-ENV-2001-08-30 (Environmental Economics)
- NEP-LAM-2001-08-15 (Central & South America)
- NEP-MFD-2001-08-30 (Microfinance)
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