WEALTH ACCUMULATION AND ACTIVITY CHOICE EVOLUTION AMONG AMAZONIAN FOREST PEASANT HOUSEHOLDS

Yoshito Takasaki, Bradford L. Barham and Oliver T. Coomes

No 12653, Staff Papers from University of Wisconsin-Madison, Department of Agricultural and Applied Economics

Abstract: This 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.

Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Pages: 37
Date: 2000
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Citations: View citations in EconPapers (5)

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https://ageconsearch.umn.edu/record/12653/files/stpap434.pdf (application/pdf)

Related works:
Working Paper: Wealth Accumulation and Activity Choice Evolution Among Amazonian Forest Peasant Households (2000)
Working Paper: Wealth Accumulation and Activity Choice Evolution Among Amazonian Forest Peasant Households (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:wisagr:12653

DOI: 10.22004/ag.econ.12653

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