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Welfare dynamics in rural Kenya and Madagascar
Abstract
This paper presents comparative qualitative and quantitative evidence from rural Kenya and Madagascar in an attempt to untangle the causality behind persistent poverty. We find striking differences in welfare dynamics depending on whether one uses total income, including stochastic terms and inevitable measurement error, or the predictable, structural component of income based on a household's asset holdings. Our results suggest the existence of multiple dynamic asset and structural income equilibria, consistent with the poverty traps hypothesis. Furthermore, we find supporting evidence of locally increasing returns to assets and of risk management behaviour consistent with poor households' defence of a critical asset threshold through asset smoothing.
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Citations
Cited by
The economics of poverty traps and persistent poverty: An asset-based approach
Carter, M. R., & Barrett, C. B. (2006) · Journal of Development Studies · doi:10.1080/00220380500405261 · Cited by 1,536
Self-citationVulnerability of coastal communities to key impacts of climate change on coral reef fisheries
Cinner, J. E., McClanahan, T. R., Graham, N. A. J., Daw, T. M., Maina, J., Stead, S. M., Wamukota, A., Brown, K., & Bodin, Ö. (2012) · Global Environmental Change · doi:10.1016/j.gloenvcha.2011.09.018 · Cited by 512
Tittonell, P., Muriuki, A., Shepherd, K. D., Mugendi, D., Kaizzi, K. C., Okeyo, J., Verchot, L., Coe, R., & Vanlauwe, B. (2010) · Agricultural Systems · doi:10.1016/j.agsy.2009.10.001 · Cited by 440
Socioeconomic Factors that Affect Artisanal Fishers’ Readiness to Exit a Declining Fishery
CINNER, J. E., DAW, T., & McCLANAHAN, T. R. (2009) · Conservation Biology · doi:10.1111/j.1523-1739.2008.01041.x · Cited by 369
The Economics of Poverty Traps and Persistent Poverty: Empirical and Policy Implications
Barrett, C. B., & Carter, M. R. (2013) · The Journal of Development Studies · doi:10.1080/00220388.2013.785527 · Cited by 362
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Metadata
- Authors
- Barrett, C. B., Marenya, P. P., Mcpeak, J., Minten, B., Murithi, F., Oluoch-Kosura, W., Place, F., Randrianarisoa, J. C., Rasambainarivo, J., & Wangila, J.
- Venue
- Journal of Development Studies
- Publisher
- Informa UK Limited
- Published
- 2006-02
- Volume
- 42
- Issue
- 2
- Pages
- 248-277
- ISSN
- 0022-0388 (ISSN-L)
- 1743-9140
- OpenAlex
- W2129942647
- Cited by
- 362
- References
- 0
- FWCI
- 69.17
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Welfare dynamics in rural Kenya and Madagascar. https://app.cochat.ai/papers/10.1080/00220380500405394
- The paper
- Barrett, C. B., Marenya, P. P., Mcpeak, J., Minten, B., Murithi, F., Oluoch-Kosura, W., Place, F., Randrianarisoa, J. C., Rasambainarivo, J., & Wangila, J. (2006). Welfare dynamics in rural Kenya and Madagascar. Journal of Development Studies. https://doi.org/10.1080/00220380500405394
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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