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“Poor stays poor” - Household asset poverty traps in rural semi-arid India AgEcon
Naschold, Felix.
Although identifying the existence and the nature of household-level poverty traps would have important implications for the design of poverty reduction policies empirical evidence is still scant. A small, but growing empirical literature has begun testing for poverty traps as thresholds in non-linear welfare dynamics. Employing a variety of quantitative methods it has produced a variety of conclusions. This paper uses a uniquely long household panel from three villages in rural India to examine whether the detection of poverty traps may be contingent on the quantitative method used to model household welfare dynamics. It then employs a novel semiparametric panel data estimator that combines the advantages of the existing methods. Since in the context of...
Tipo: Working or Discussion Paper Palavras-chave: Household Welfare Dynamics; Semiparametric Estimation; Penalized Splines; India; Panel Data; Asset Poverty; International Development; I32; C14; O12.
Ano: 2009 URL: http://purl.umn.edu/49396
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