ARAUJO, Claudio; BONJEAN, Catherine ARAUJO; COMBES, … - Centre d'Études et de Recherches sur le Développement … - 2008
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 …