The Economics of Poverty Traps and Persistent Poverty: Empirical and Policy Implications

By Christopher B. Barrett, Michael R. Carter. 2013

373 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science, Soil Science

View Paper: https://www.semanticscholar.org/paper/51251ba454a735d4ebc814a9ec7756ffb16801b5

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Sociology and Political Science

In Soil Science

Citations in the corpus

After the Drought: The Impact of Microinsurance on Consumption Smoothing and Asset Protection (2013, positive): “, see discussion in Barrett and Carter 2013), in which accumulation behavior bifurcates around a critical minimum asset threshold, amplify this asset smoothing logic. Specifically, for households in the vicinity of this threshold, assets have a strong dynamic value that incentivizes asset smoothing.”
Small Farmers, NGOs, and a Walmart World: Welfare Effects of Supermarkets Operating in Nicaragua (2013, neutral): “…of economic wellbeing such as consumption or income and research has demonstrated clear links between household productive asset holdings and future poverty states (Carter and Barrett 2006; Carter and May 2001, 1999; Filmer and Pritchett 2001; Rosenzweig and Wolpin 1993; Barrett et al. 2006).”
Spatio-temporal patterns of rural poverty in China and targeted poverty alleviation strategies (2017, background): “, 2015; Liu and Xu, 2016), and the poverty alleviation effect of socioeconomic development (Ravallion, 2001; Ravallion and Chen, 2007; Montalvo and Ravallion, 2010; Barrett and Carter, 2013; Lü, 2015).”
Traps and Sustainable Development in Rural Areas: A Review (2018, neutral): “…of persistent—versus transient—poverty (Jalan & Ravallion, 1998; Hulme, 2003), and the resulting alleviation strategies, often rely on the concept of poverty traps (Azariadis & Stachurski, 2004; Barrett & Carter, 2013; Barrett & Swallow, 2006; Bowles, Durlauf, & Hoff, 2006; Carter & Barrett, 2006).”
Targeted poverty alleviation and land policy innovation: Some practice and policy implications from China (2018, background): “…food production and poverty reduction (Fischer and Hajdu, 2015), the anti-poverty effect of economic input (Ravallion, 2001; Ravallion and Chen, 2007; Montalvo and Ravallion, 2010; Barrett and Carter, 2013; Lü, 2015; Gao et al., 2015) and mapping of poverty (Jean et al., 2016).”
A scoping review of the development resilience literature: Theory, methods and evidence (2021, neutral): “But caution is needed when using the ‘resilience as recovery’ approach as it risks departing from the ‘resilience as a normative 15 This approach is similar to ideas originating in Carter and Barrett (2006) and Carter et al (2007). condition’ conceptualization by omitting the normative anchoring.”
Well-Being Dynamics and Poverty Traps (2016, methodology): “For each ability level, there is a Micawber Threshold (MT), above which an individual converges to a nonpoor stable equilibrium and below which an individual falls into a poverty trap (Carter & Barrett 2006, Zimmerman & Carter 2003).”
On the Structural Transformation of Rural Africa (2017, background): “The resulting lack of insurance and credit routinely trap poor agrarian households in low return, lower risk technologies, thereby perpetuating poverty and low productivity (Carter and Barrett 2006; Dercon and Christiaensen 2011; Barrett and Carter 2013).”
Climate risk management and rural poverty reduction (2018, positive): “Third, the tendency for risk tolerance to decrease with decreasing resource endowment contributes to the higher opportunity cost of climate risk for the relatively poor (Carter and Barrett, 2006).”
Using agriculture for development: Supply- and demand-side approaches (2020, neutral): “This corresponds to minimum capital endowments to get started in production in farm household models such as Eswaran and Kotwal’s (1986), and to asset thresholds to escape poverty traps in Barrett and Carter (2012).”