Vulnerability, Shocks and Persistence of Poverty - Estimates for Semi-Arid Rural South India
This paper focuses on vulnerability of rural households to poverty when a negative crop shock occurs based on the ICRISAT panel data in India during 1975-84. Of particular concern is the possibility of some sections experiencing long spells of poverty as a consequence of such shocks. Using alternative specifications that take into account both direct and indirect effects of crop shocks, an assessment of vulnerability of different groups (e.g. caste affiliations) of households and policy simulations on land and non-land asset transfers are carried out. A reorientation of anti-poverty strategy is necessary to avoid welfare losses from the crop shocks.
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- Neil McCulloch & Bob Baulch, 2000.
"Simulating the impact of policy upon chronic and transitory poverty in rural Pakistan,"
Journal of Development Studies,
Taylor & Francis Journals, vol. 36(6), pages 100-130.
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- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
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