Do conflicts create poverty traps? Asset losses and recovery for displaced households in Colombia
Ana Ibáñez () and
Andres Moya ()
No 10, Research Working Papers from MICROCON - A Micro Level Analysis of Violent Conflict
Internal conflicts entail large asset losses for certain segments in the civilian population. Asset losses may compromise the future welfare of households, thus leaving a legacy of structural poverty that is difficult to overcome. The purpose of this article is to analyze how asset losses occur during internal conflicts and the process of asset accumulation following the initial shock. To do this, we concentrate on a particularly vulnerable group of victims of war—the displaced population in Colombia. In achieving our objective, we adopt quantitative and qualitative approaches by: (i) providing a detailed description of losses stemming from forced displacement; (ii) analyzing qualitative evidence so as to understand the asset recovery processes for the displaced population; and (iii) estimating OLS, Instrumental Variable and quartile regressions in order to identify the determinants of asset losses stemming from forced displacement, and asset accumulation following the initial shock. The results indicate that recuperating asset losses or accumulating new assets is a rare event; only 25 percent of households are able to recover their original asset base, while asset ownership still seems insufficient for overcoming poverty. In addition, displaced households do not catch up even as settlement at destination sites consolidates. Therefore, unless a positive intervention is implemented, displaced households become locked in a low income trajectory, and are unlikely to leap forward to a high return asset level.
Keywords: Forced migration; civil conflict; asset losses; structural poverty; quantile regressions (search for similar items in EconPapers)
JEL-codes: D74 N46 I32 R23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev, nep-lam and nep-mig
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
http://www.microconflict.eu/publications/RWP10_AMI_AM.pdf First version, 2009 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Chapter: Do Conflicts Create Poverty Traps? Asset Losses and Recovery for Displaced Households in Colombia (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:mcn:rwpapr:10
Access Statistics for this paper
More papers in Research Working Papers from MICROCON - A Micro Level Analysis of Violent Conflict Contact information at EDIRC.
Bibliographic data for series maintained by John Spall (). This e-mail address is bad, please contact .