Vulnerability, shocks and persistence of poverty: estimates for semi-arid rural South India
AbstractThis paper focuses on the vulnerability of rural households to poverty when a negative crop shock occurs. The analysis is based on the ICRISAT panel survey of households in a semi-arid region in south India during 1975-84. Using a dynamic panel data model that takes into account effects of crop shocks, an assessment of vulnerability of different groups of households is carried out. What is somewhat surprising is that even sections of relatively affluent households are highly vulnerable to long spells of poverty when severe crop shocks occur. As such crop shocks are frequent in a harsh production environment, there must be a shift of emphasis in anti-poverty measures from meeting income shortfalls among the poor to enabling the vulnerable to protect themselves better against these shocks.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Oxford Development Studies.
Volume (Year): 32 (2004)
Issue (Month): 2 ()
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Other versions of this item:
- Imai, Katsushi & Raghav Gaiha, 2003. "Vulnerability, Shocks and Persistence of Poverty - Estimates for Semi-Arid Rural South India," Royal Economic Society Annual Conference 2003 111, Royal Economic Society.
- Katsushi Imai & Raghav Gaiha, 2002. "Vulnerability, Shocks and Persistence of Poverty - Estimates for Semi-Arid Rural South India," Economics Series Working Papers 128, University of Oxford, Department of Economics.
- H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
- I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
- Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
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