Browsing by Subject "Poverty dynamics"

Now showing 1 - 1 of 1

Livestock asset dynamics among pastoralists in Northern Kenya
(2017) Sousa-Poza, Alfonso; Mburu, Samuel; Kaiser, Micha
Understanding household-level asset dynamics has important implications for designing relevant poverty reduction policies. To advance this understanding, we develop a microeconomic model to analyze the impact of a shock (for example a drought) on the behavioral decisions of pastoralists in Northern Kenya. Using household panel data this study then explores the livestock asset dynamics using both non-parametric and semi-parametric techniques to establish the shape of the asset accumulation path and to determine whether multiple equilibria exist. More specifically, using tropical livestock units as a measure of livestock accumulation over time, we show not only that these assets converge to a single equilibrium but that forage availability and herd diversity play a major role in such livestock accumulation.