Araujo, Claudio; Bonjean, Catherine Araujo; Combes, … - HAL - 2011
This paper focuses on the impact of property rights insecurity on deforestation in the Brazilian Legal Amazon …. Deforestation is considered as a risk management strategy: property rights insecurity reduces the present value of forests and … fosters forest conversion into agricultural and pasture lands. Moreover, deforestation is the consequence of strategic …