Non-timber forest products (NTFP) are commonly used by poor agricultural households of developing countries to smooth their consumption and to cope with agricultural risk. This paper explores the potential implications of this safety-net use on the land-use choice and labor allocation. We...

Incompleteness of insurance markets is a crucial weakness of developing countries. In this context, the poor households of rural regions often exploit common property resources, such as forests, as insurance in case of economics stress. The aim of this paper is to derive the implications of this...