Do the Commons Help Augment Mutual Insurance Among the Poor?
Summary Poor people rely on local commons not only for self-insurance, as commonly found, but also for mutual insurance, depending on resources and shocks. This paper demonstrates that this conjecture holds among cyclone victims in the Pacific Islands. On one hand, households increase coastal fishing and handicraft selling, but not forest-product gathering, to smooth income against own crop damage. On the other hand, households with undamaged housing intensify fishing to help other kin-group members with damaged housing. These distinct patterns of using commons as insurance are explained by distinct forms of risk sharing against these two shocks.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jean-Marie Baland & Patrick Francois, 2003.
"Commons as Insurance and the Welfare Impact of Privatization,"
The Centre for Market and Public Organisation
03/069, Department of Economics, University of Bristol, UK.
- Baland, Jean-Marie & Francois, Patrick, 2005. "Commons as insurance and the welfare impact of privatization," Journal of Public Economics, Elsevier, vol. 89(2-3), pages 211-231, February.
- BALAND, Jean-Marie & FRANCOIS, Patrick, . "Commons as insurance and the welfare impact of privatization," CORE Discussion Papers RP 1782, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Robert M. Townsend, .
"Risk and Insurance in Village India,"
University of Chicago - Population Research Center
91-3a, Chicago - Population Research Center.
- Morris, Saul S. & Neidecker-Gonzales, Oscar & Carletto, Calogero & Munguia, Marcial & Medina, Juan Manuel & Wodon, Quentin, 2002. "Hurricane Mitch and the Livelihoods of the Rural Poor in Honduras," World Development, Elsevier, vol. 30(1), pages 49-60, January.
- Yoshito Takasaki & Bradford L. Barham & Oliver T. Coomes, 2010.
"Smoothing Income against Crop Flood Losses in Amazonia: Rain Forest or Rivers as a Safety Net?,"
Review of Development Economics,
Wiley Blackwell, vol. 14(1), pages 48-63, 02.
- Takasaki, Yoshito & Barham, Bradford L. & Coomes, Oliver T., 2007. "Smoothing Income against Crop Flood Losses in Amazonia: Rain Forest or Rivers as a Safety Net," Staff Paper Series 518, University of Wisconsin, Agricultural and Applied Economics.
- Cochrane, John H, 1991. "A Simple Test of Consumption Insurance," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 957-76, October.
- Bertram, Geoffrey, 1986. ""Sustainable development" in Pacific micro-economies," World Development, Elsevier, vol. 14(7), pages 809-822, July.
- Anjini Kochar, 1999. "Smoothing Consumption by Smoothing Income: Hours-of-Work Responses to Idiosyncratic Agricultural Shocks in Rural India," The Review of Economics and Statistics, MIT Press, vol. 81(1), pages 50-61, February.
- Fafchamps, Marcel & Lund, Susan, 2003.
"Risk-sharing networks in rural Philippines,"
Journal of Development Economics,
Elsevier, vol. 71(2), pages 261-287, August.
- Marcel Fafchamps & Susan Lund, . "Risk Sharing Networks in Rural Philippines," Working Papers 97014, Stanford University, Department of Economics.
- Marcel Fafchamps & Susan Lund, 2000. "Risk-Sharing Networks in Rural Philippines," Economics Series Working Papers 10, University of Oxford, Department of Economics.
- Baland, Jean-Marie & Platteau, Jean-Philippe, 1997. "Wealth Inequality and Efficiency in the Commons: Part I: The Unregulated Case," Oxford Economic Papers, Oxford University Press, vol. 49(4), pages 451-82, October.
- Stefan Dercon & Joachim De Weerdt, 2002.
"Risk-sharing Networks and Insurance against illness,"
Economics Series Working Papers
WPS/2002-16, University of Oxford, Department of Economics.
- De Weerdt, Joachim & Dercon, Stefan, 2006. "Risk-sharing networks and insurance against illness," Journal of Development Economics, Elsevier, vol. 81(2), pages 337-356, December.
- Stefan Dercon & Joachim De Weerdt, 2002. "Risk-sharing networks and insurance against illness," CSAE Working Paper Series 2002-16, Centre for the Study of African Economies, University of Oxford.
- Stefan Dercon & Joachim de Weerdt, 2004. "Risk-Sharing Networks And Insurance Against Illness," Development and Comp Systems 0409019, EconWPA.
- Rose, Elaina, 2001. "Ex ante and ex post labor supply response to risk in a low-income area," Journal of Development Economics, Elsevier, vol. 64(2), pages 371-388, April.
- Takasaki, Yoshito & Barham, Bradford L. & Coomes, Oliver T., 2004. "Risk coping strategies in tropical forests: floods, illnesses, and resource extraction," Environment and Development Economics, Cambridge University Press, vol. 9(02), pages 203-224, May.
- Alix-Garcia, Jennifer, 2008. "An exploration of the positive effect of inequality on common property forests," Journal of Development Economics, Elsevier, vol. 87(1), pages 92-105, August.
- Attanasio, Orazio & Rios-Rull, Jose-Victor, 2000. "Consumption smoothing in island economies: Can public insurance reduce welfare?," European Economic Review, Elsevier, vol. 44(7), pages 1225-1258, June.
- Subhrendu K. Pattanayak & Erin O. Sills, 2001. "Do Tropical Forests Provide Natural Insurance? The Microeconomics of Non-Timber Forest Product Collection in the Brazilian Amazon," Land Economics, University of Wisconsin Press, vol. 77(4), pages 595-612.
- MR Rosenzweig, 2001. "Savings behaviour in low-income countries," Oxford Review of Economic Policy, Oxford University Press, vol. 17(1), pages 40-54, Spring.
- Fisher, Monica & Shively, Gerald, 2005. "Can Income Programs Reduce Tropical Forest Pressure? Income Shocks and Forest Use in Malawi," World Development, Elsevier, vol. 33(7), pages 1115-1128, July.
- McSweeney, Kendra, 2005. "Natural insurance, forest access, and compounded misfortune: Forest resources in smallholder coping strategies before and after Hurricane Mitch, northeastern Honduras," World Development, Elsevier, vol. 33(9), pages 1453-1471, September.
- Delacote, Philippe, 2007. "Agricultural expansion, forest products as safety nets, and deforestation," Environment and Development Economics, Cambridge University Press, vol. 12(02), pages 235-249, April.
- Mace, Barbara J, 1991. "Full Insurance in the Presence of Aggregate Uncertainty," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 928-56, October.
When requesting a correction, please mention this item's handle: RePEc:eee:wdevel:v:39:y:2011:i:3:p:429-438. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If references are entirely missing, you can add them using this form.