IDEAS home Printed from https://ideas.repec.org/a/wly/natres/v27y2003i4p267-278.html
   My bibliography  Save this article

Risk attitudes and mitigation among gold miners and others in the Suriname rainforest

Author

Listed:
  • Marieke Heemskerk

Abstract

This article analyses the question: do attitudes towards risk influence participation in small‐scale gold mining, a hazardous activity that generates uncertain income? This question is examined by measuring and comparing the risk attitudes of gold miners and non‐mining community members in the rainforest of Suriname, South America. The author presents a multivariate model to predict the duration of work in mining areas as a function of risk tolerance, age, education, and household demographics. The results suggest that a greater tolerance to risk increases the duration of a person's mining career. However, attitudes explain only a fraction of the variation in occupational choices. Qualitative data suggest that these choices are primarily shaped by local barriers to human capital development and by national economic volatility. Given their marginal position in society and the multitude of mining risk mitigation strategies, it is questionable whether gold mining exposes Suriname forest peoples to greater risks than other subsistence alternatives. The author argues that sensitivity to local historical and cultural conditions would improve the efficiency of policies aimed at developing a more sustainable mining industry. By zooming in on the daily lives of miners, anthropology can complement macro‐scale analyses and contribute to policy interventions in the small‐scale mining sector.

Suggested Citation

  • Marieke Heemskerk, 2003. "Risk attitudes and mitigation among gold miners and others in the Suriname rainforest," Natural Resources Forum, Blackwell Publishing, vol. 27(4), pages 267-278, November.
  • Handle: RePEc:wly:natres:v:27:y:2003:i:4:p:267-278
    DOI: 10.1111/j.0165-0203.2003.00061.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.0165-0203.2003.00061.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.0165-0203.2003.00061.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Heemskerk, Marieke, 2001. "Do international commodity prices drive natural resource booms? An empirical analysis of small-scale gold mining in Suriname," Ecological Economics, Elsevier, vol. 39(2), pages 295-308, November.
    2. Marcello M. Veiga & Jennifer J. Hinton, 2002. "Abandoned artisanal gold mines in the Brazilian Amazon: A legacy of mercury pollution," Natural Resources Forum, Blackwell Publishing, vol. 26(1), pages 15-26, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Knud Sinding, 2005. "The dynamics of artisanal and small‐scale mining reform," Natural Resources Forum, Blackwell Publishing, vol. 29(3), pages 243-252, August.
    2. Nik Stoop & Marijke Verpoorten, 2020. "Risk, Envy and Magic in the Artisanal Mining Sector of South Kivu, Democratic Republic of Congo," Development and Change, International Institute of Social Studies, vol. 51(5), pages 1199-1224, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Knud Sinding, 2005. "The dynamics of artisanal and small‐scale mining reform," Natural Resources Forum, Blackwell Publishing, vol. 29(3), pages 243-252, August.
    2. Queiroz, Julia & Gasparinetti, Pedro & Bakker, Leonardo B. & Lobo, Felipe & Nagel, Gustavo, 2022. "Socioeconomic cost of dredge boat gold mining in the Tapajós basin, eastern Amazon," Resources Policy, Elsevier, vol. 79(C).
    3. El Hedi Arouri, Mohamed & Lahiani, Amine & Nguyen, Duc Khuong, 2015. "World gold prices and stock returns in China: Insights for hedging and diversification strategies," Economic Modelling, Elsevier, vol. 44(C), pages 273-282.
    4. Gil-Alana, Luis A. & Chang, Shinhye & Balcilar, Mehmet & Aye, Goodness C. & Gupta, Rangan, 2015. "Persistence of precious metal prices: A fractional integration approach with structural breaks," Resources Policy, Elsevier, vol. 44(C), pages 57-64.
    5. Heemskerk, Marieke & Norton, Anastasia & de Dehn, Lise, 2004. "Does Public Welfare Crowd Out Informal Safety Nets? Ethnographic Evidence from Rural Latin America," World Development, Elsevier, vol. 32(6), pages 941-955, June.
    6. Hajkowicz, Stefan A. & Heyenga, Sonja & Moffat, Kieren, 2011. "The relationship between mining and socio-economic well being in Australia's regions," Resources Policy, Elsevier, vol. 36(1), pages 30-38, March.
    7. Saldarriaga-Isaza, Adrián & Arango, Santiago & Villegas-Palacio, Clara, 2015. "A behavioral model of collective action in artisanal and small-scale gold mining," Ecological Economics, Elsevier, vol. 112(C), pages 98-109.
    8. Laing, Timothy, 2019. "Small man goes where the large fears to tread: Mining in Guyana: 1990-2018," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    9. Balcilar, Mehmet & Ozdemir, Zeynel Abidin, 2019. "The volatility effect on precious metals price returns in a stochastic volatility in mean model with time-varying parameters," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 534(C).
    10. Verina Ingram & Julius Chupezi Tieguhong & Jolien Schure & Eric Nkamgnia & Maurice Henri Tadjuidje, 2011. "Where artisanal mines and forest meet: Socio‐economic and environmental impacts in the Congo Basin," Natural Resources Forum, Blackwell Publishing, vol. 35(4), pages 304-320, November.
    11. Arouri, Mohamed El Hedi & Hammoudeh, Shawkat & Lahiani, Amine & Nguyen, Duc Khuong, 2012. "Long memory and structural breaks in modeling the return and volatility dynamics of precious metals," The Quarterly Review of Economics and Finance, Elsevier, vol. 52(2), pages 207-218.
    12. Spiegel, Samuel J. & Agrawal, Sumali & Mikha, Dino & Vitamerry, Kartie & Le Billon, Philippe & Veiga, Marcello & Konolius, Kulansi & Paul, Bardolf, 2018. "Phasing Out Mercury? Ecological Economics and Indonesia's Small-Scale Gold Mining Sector," Ecological Economics, Elsevier, vol. 144(C), pages 1-11.
    13. Spiegel, Samuel J., 2009. "Socioeconomic dimensions of mercury pollution abatement: Engaging artisanal mining communities in Sub-Saharan Africa," Ecological Economics, Elsevier, vol. 68(12), pages 3072-3083, October.
    14. Junquera, Victoria & Meyfroidt, Patrick & Sun, Zhanli & Latthachack, Phokham & Grêt-Regamey, Adrienne, 2020. "From global drivers to local land-use change: Understanding the northern Laos rubber boom," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 109, pages 103-115.
    15. Shen, Lei & Dai, Tao & Gunson, Aaron James, 2009. "Small-scale mining in China: Assessing recent advances in the policy and regulatory framework," Resources Policy, Elsevier, vol. 34(3), pages 150-157, September.
    16. Laing, Timothy, 2015. "Rights to the forest, REDD+ and elections: Mining in Guyana," Resources Policy, Elsevier, vol. 46(P2), pages 250-261.
    17. Samuel J. Spiegel, 2009. "Labour challenges and mercury management at gold mills in Zimbabwe: Examining production processes and proposals for change," Natural Resources Forum, Blackwell Publishing, vol. 33(3), pages 221-232, August.
    18. Gavin Hilson, 2005. "Strengthening artisanal mining research and policy through baseline census activities," Natural Resources Forum, Blackwell Publishing, vol. 29(2), pages 144-153, May.
    19. Mehmet Balcilar & Zeynel Abidin Ozdemir, 2018. "The volatility effect on precious metals prices in a stochastic volatility in mean model with time-varying parameters," Working Papers 15-34, Eastern Mediterranean University, Department of Economics.
    20. Fred A. Otchere & Marcello M. Veiga & Jennifer J. Hinton & Renato A. Farias & Robert Hamaguchi, 2004. "Transforming open mining pits into fish farms: Moving towards sustainability," Natural Resources Forum, Blackwell Publishing, vol. 28(3), pages 216-223, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:natres:v:27:y:2003:i:4:p:267-278. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1111/(ISSN)1477-8947 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.