000006473 001__ 6473 000006473 005__ 20250221174830.0 000006473 0247_ $$2doi$$a10.22004/ag.econ.6473 000006473 037__ $$a382-2016-22644 000006473 041__ $$aeng 000006473 245__ $$aDo Liquidity Constraints Help Preserve Tropical Forests? Evidence from the Eastern Amazon 000006473 260__ $$c2008 000006473 269__ $$a2008 000006473 270__ $$mklemick.heather@epamail.epa.gov$$pKlemick, Heather 000006473 300__ $$a40 000006473 336__ $$aConference Paper/ Presentation 000006473 490__ $$aSelected Paper 000006473 490__ $$a461920 000006473 520__ $$aThis article examines the determinants of forest cover and land use efficiency in a shifting cultivation system. A conceptual model demonstrates that liquidity constraints encourage farmers to allocate more land to forest fallow and less to cultivation by limiting input purchases. Data from farm households in the Eastern Brazilian Amazon allow me to test whether farmers allocate land between cropping and fallow efficiently from an individual or a community perspective. I find that many farmers devote more land to fallow than is privately optimal, benefiting community income as a whole due to positive local externalities provided by secondary forest. I also estimate the effect of a variety of socioeconomic and agroecological factors on fallow allocation and land use efficiency. I find over-fallowing to be negatively associated with commercial credit use, suggesting that liquidity constraints do hinder agricultural intensification. 000006473 546__ $$aEnglish 000006473 650__ $$aResource/Energy Economics and Policy 000006473 700__ $$aKlemick, Heather 000006473 8564_ $$9851ea1b0-feb7-4d14-ac3b-08aa71ac2117$$s165743$$uhttps://ageconsearch.umn.edu/record/6473/files/461920.pdf 000006473 887__ $$ahttp://purl.umn.edu/6473 000006473 909CO $$ooai:ageconsearch.umn.edu:6473$$pGLOBAL_SET 000006473 912__ $$nSubmitted by Louise Letnes (lletnes@umn.edu) on 2008-05-05T16:31:10Z No. of bitstreams: 1 461920.pdf: 165743 bytes, checksum: 98173aa141dccd493f5e2e2fd6c05bc5 (MD5) 000006473 912__ $$nMade available in DSpace on 2008-05-05T16:31:11Z (GMT). No. of bitstreams: 1 461920.pdf: 165743 bytes, checksum: 98173aa141dccd493f5e2e2fd6c05bc5 (MD5) Previous issue date: 2008 000006473 913__ $$aLicense granted by Louise Letnes (lletnes@umn.edu) on 2008-05-05T16:29:37Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (“Work”). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (“University”), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author's Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000006473 980__ $$a382 000006473 982__ $$gAmerican Agricultural Economics Association>2008 Annual Meeting, July 27-29, 2008, Orlando, Florida