@article{deAlmeida:197891,
      recid = {197891},
      author = {de Almeida, Anna Luiza Ozorio},
      title = {Debt Peonage and Over-Deforestation in the Amazon Frontier  of Brazil},
      address = {1992},
      number = {997-2016-77937},
      pages = {6},
      year = {1992},
      abstract = {This paper proposes that under the conditions typical of  the Amazon frontier of Brazilabsence
of a wage labour  market and abundant supply of land-farm-family labour is a  positive function
of debt. This labour supply response,  known as "debt peonage," provides for indirect management  of farm
labour by local merchants via the crop lien  mechanism. A microeconomic model of the family farm  shows
that debt-labour leads to labour-intensive farming  but land-extensive farming leads to  over-deforestation.
Correct colonization policy should then  provide for market structures that reduce indebtedness  and
deforestation. This would also reduce the environmental  consequences of settlement in the Amazon.},
      url = {http://ageconsearch.umn.edu/record/197891},
      doi = {https://doi.org/10.22004/ag.econ.197891},
}