G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14534
DP14534 Why do people stay poor?
Oriana Bandiera; Maitreesh Ghatak; Clare Balboni; Anton Heil
发表日期2020-03-26
出版年2020
语种英语
摘要There are two broad views as to why people stay poor. One emphasizes the role of economic fundamentals - for example, differences in individual traits like talent or motivation make the poor choose low productivity jobs. The other, the poverty traps view, emphasizes that access to opportunities depends on initial wealth and hence poor people have no choice but to work in low productivity jobs. We test the two views using the random allocation of an asset transfer program that gave some of the poorest women in Bangladesh access to the same job opportunities as their wealthier counterparts in the same villages. The data rejects the null of equal opportunities. Exploiting small variation in initial endowments, we estimate the transition equation and find that, if the program pushes individuals above a threshold level of initial assets, then they escape poverty, but, if it does not, they slide back into poverty. Structural estimation of an occupational choice model reveals that almost all beneficiaries are misallocated at baseline and that the gains arising from eliminating misallocation would far exceed the costs. Our findings imply that large one-off transfers that enable people to take on more productive occupations can help alleviate persistent poverty.
主题Development Economics ; Public Economics
URLhttps://cepr.org/publications/dp14534
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543439
推荐引用方式
GB/T 7714
Oriana Bandiera,Maitreesh Ghatak,Clare Balboni,et al. DP14534 Why do people stay poor?. 2020.
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