The economics of poverty traps and persistent poverty: An asset-based approach

By Michael R. Carter, Christopher B. Barrett. 2006

1,757 citations recorded by the source corpus.

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

View Paper: https://www.semanticscholar.org/paper/c4b0b47f5d9e54ce9bd1d9839265c70146f07fba

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Citations in the corpus

Innovations in Climate Risk Management: Protecting and Building Rural Livelihoods in a Variable and Changing Climate (2007, background): “…Pope and Just, 1991) contributes to the higher opportunity cost of climate risk for the relatively poor, and hence the locally-increasing marginal productivity that contributes to the existence of the multiple equilibria associated with a poverty trap (Barrett, 2005; Carter and Barrett, 2006).”
Economic Value of Seasonal Climate Forecasts for Agriculture: Review of Ex-Ante Assessments and Recommendations for Future Research (2008, background): “Because tolerance to risk tends to increase with increasing resource endowment (Binswanger 1981; Pope and Just 1991), returns per unit of productive asset also decrease at low levels of assets—a necessary condition for the existence of a microeconomic poverty trap (Carter and Barrett 2006).”
A Dark Side of Social Capital? Kinship, Consumption, and Savings (2011, background): “If compulsory sharing attenuates accumulation incentives, it could contribute to the creation of poverty traps (for example, Carter and Barrett, 2006).”
Effects of rising rural population density on smallholder agriculture in Kenya (2014, background): “Recent studies in the poverty literature (e.g. Carter and Barrett, 2006; Krishna et al., 2004) argue that the value of assets more accurately measures wealth than income or consumption, as it is less susceptible to random shocks, and is likely to be a more stable indicator of household welfare.”
Linkages between Land Management, Land Degradation, and Poverty in Sub-Saharan Africa: The Case of Uganda (2008, result): “This approach is consistent with recent research on poverty dynamics and poverty traps, which emphasizes the importance of defining poverty in terms of asset levels (Carter and Barrett 2006).”
Economic resilience: definition and measurement (2014, background): “The parameter can also encompass the cost of non-economic impacts on the most affected, such as stunting for children (if food intake has to be reduced), loss of education (if children are taken out of school), and the possibility of household-level poverty traps due more generally to lack of assets”
Small Farmers, NGOs, and a Walmart World: Welfare Effects of Supermarkets Operating in Nicaragua (2013, positive): “…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).”
The Welfare Impacts of Commodity Price Volatility: Evidence from Rural Ethiopia (2013, positive): “For example, households may decide to withdraw their children from school, forgo some investments in health, or draw down their assets in order to maintain a specific level of consumption after food price shocks (Carter and Barrett, 2006).”
Is Green Growth Good for the Poor? (2014, background): “…to choose safety over higher returns, resulting in limited investment in high-return activities and technologies but choosing to hold safe assets and activity portfolios, implying a choice of poverty to reduce their exposure to even more dramatic risks (Dercon 2002; Carter and Barrett 2006).”
How Can Safety Nets Contribute to Economic Growth? (2013, background): “Other strategies such as selling assets when prices are low or reducing investment in nutrition or schooling can contribute to poverty traps (Carter and Barrett, 2006).”