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Cited by 362

The DOI matches its Crossref record; 70 of the 70 references it cites were found in a registry or an index.

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

Barrett, Christopher B., Carter, Michael R.·2013·The Journal of Development Studies

Abstract

The moral and economic imperatives to intervene in poverty traps motivate the identification of poverty traps and their structural causes so as to inform the design of appropriate policy responses. However, empirical identification remains challenging because of poverty traps’ complexity. After reviewing mechanisms that can generate poverty traps, we focus on one – multiple financial market failures – emphasising its heretofore underappreciated testable implications, including specific behaviours that are rational only in the presence of a poverty trap. We therefore recommend tests for these behaviours rather than more econometrically challenged efforts to directly test for poverty traps in estimated asset dynamics.

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Metadata

Authors
Barrett, C. B., & Carter, M. R.
Venue
The Journal of Development Studies
Published
2013-07
Volume
49
Issue
7
Pages
976-990
ISSN
  • 0022-0388 (ISSN-L)
  • 1743-9140
OpenAlex
W2025088505
Cited by
362
References
70
FWCI
47.40
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: The Economics of Poverty Traps and Persistent Poverty: Empirical and Policy Implications. https://app.cochat.ai/papers/10.1080/00220388.2013.785527
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Barrett, C. B., & Carter, M. R. (2013). The Economics of Poverty Traps and Persistent Poverty: Empirical and Policy Implications. The Journal of Development Studies. https://doi.org/10.1080/00220388.2013.785527

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.