Shocks, Livestock Asset Dynamics, and Social Capital in Ethiopia
Tewodaj Mogues ()
Development and Comp Systems from EconWPA
This paper uses household survey panel data of 416 rural households to study livestock asset dynamics in the north-east of Ethiopia. The period under examination (1996-2003) was marked by severe environmental shocks, including a series of droughts. Using as point of departure the literature on the evolution of productive assets in the presence of risk, which relates asset paths to initial endowments, we test the hypothesis of wealth divergence and the existence of asset poverty traps. Results indicate rather that livestock asset dynamics are marked by convergence over time. Examining the role of social capital in recovery and growth of households’ endowments, both local social relationships as well as ‘bridging’ social capital seem to have a positive effect on asset holdings directly, as well as indirectly by mitigating the impact of income shocks on livestock capital.
Keywords: Ethiopia; Social capital; Shocks; Livestock assets; Dynamic analysis (search for similar items in EconPapers)
JEL-codes: O P (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev and nep-soc
Note: Type of Document - pdf; pages: 48
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (8) Track citations by RSS feed
Downloads: (external link)
Working Paper: Shocks, livestock asset dynamics and social capital in Ethiopia (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpdc:0512006
Access Statistics for this paper
More papers in Development and Comp Systems from EconWPA
Series data maintained by EconWPA ().