Nonlinear dynamics of livestock assets: Evidence from Ethiopia

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dc.creatorVan Campenhout, Bjorn
dc.creatorDercon, Stefan
dc.date2012
dc.date2024-10-01T13:58:59Z
dc.date2024-10-01T13:58:59Z
dc.date.accessioned2026-06-27T15:05:50Z
dc.descriptionRecent research on the intertemporal dynamics of poverty using microeconomic data often hints at the existence of poverty traps, where some find themselves trapped at a low-level stable equilibrium while others enjoy a higher stable equilibrium. Without a sizable positive shock to well-being, those trapped at the low equilibrium will not automatically outgrow destitution, but merely fluctuate around that low-level equilibrium. Given the dramatic policy consequences implied by such a theory, knowledge about the location of the different equilibria would be extremely helpful. In this paper, we explore the possibilities of threshold-type models to identify those crucial parameters. We illustrate the method by searching for traps in the dynamics of livestock asset holdings in rural Ethiopia. We find evidence of distribution-dependent dynamics and multiple equilibria for tropical livestock units.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/154020
dc.identifier.urihttp://hdl.handle.net/123456789/94427
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceVan Campenhout, Bjorn; Dercon, Stefan. 2012. Nonlinear dynamics of livestock assets: Evidence from Ethiopia. IFPRI Discussion Paper 1215. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/154020
dc.subjectmicroeconomics
dc.subjectdata
dc.subjectlivestock
dc.subjectassets
dc.subjectpoverty
dc.subjectsupply balance
dc.subjectrural areas
dc.titleNonlinear dynamics of livestock assets: Evidence from Ethiopia
dc.typeWorking Paper

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)