The DOI matches its Crossref record; 48 of the 48 references it cites were found in a registry or an index.
Stochastic Wealth Dynamics and Risk Management among a Poor Population
Abstract
We use herd history data collected among,Borana pastoralists in southern Ethiopia to test the conventional hypothesis that pastoral risk in the semi-arid lands of sub-Saharan Africa is largely covariate. While rainfall yields a clear covariate component to mortality patterns, most livestock mortality risk is attributable to household-specific factors. We find evidence of modest social insurance consistent with reciprocity motives. Marketed,offtake is insufficient to have any significant effect on herd dynamics. Since ex ante herd size largely determines ex post wealth, self insurance predominates and there appear to be quite severe poverty traps.
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Cites
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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-citationDickman, A. J., Macdonald, E. A., & Macdonald, D. W. (2011) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.1012972108 · Cited by 465
Shocks and their consequences across and within households in Rural Zimbabwe
Hoddinott, J. (2006) · Journal of Development Studies · doi:10.1080/00220380500405501 · Cited by 454
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
Self-citationDo Poverty Traps Exist? Assessing the Evidence
Kraay, A., & McKenzie, D. (2014) · Journal of Economic Perspectives · doi:10.1257/jep.28.3.127 · Cited by 355
Metadata
- Authors
- Lybbert, T. J., Barrett, C. B., Desta, S., & Layne Coppock, D.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 2004-09-28
- Volume
- 114
- Issue
- 498
- Pages
- 750-777
- ISSN
- 0013-0133
- 1468-0297
- OpenAlex
- W3124536168
- Cited by
- 422
- References
- 48
- FWCI
- 10.60
- Type
- journal article
- Language
- en
- Open access
- closed
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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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