IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/61528.html
   My bibliography  Save this paper

Asset based poverty and wealth accumulation in low income households in Bangladesh

Author

Listed:
  • Kamal, Javed Bin

Abstract

Using HIES 2000 data, the paper presents asset based poverty information so that it is possible to provide incentives in the form of social benefit and fiscal support to the group of people who needs it most. While income based measurements and other methods are available to characterise households under poverty, asset based measurements provide a new insight into poverty and related welfare studies. By applying fractional polynomial regression, it is found that there is a significant relationship between total asset and income. We also find significant results for asset income, profit from enterprises, other assets (including financial asset, jewelry), house value and other income (rent, dividend, interest) in total asset. Meanwhile, variables such as religion, gender of the household head and agricultural income do not significantly affect total asset. People accumulate asset starting from the age of around 20 years which continues until the age of 80 years. The education level of head of the household ranges between class V and class X, when such households move on to higher assets. Except for a few outliers, both asset and income are invested and managed effectively by households to derive return from such investment

Suggested Citation

  • Kamal, Javed Bin, 2014. "Asset based poverty and wealth accumulation in low income households in Bangladesh," MPRA Paper 61528, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:61528
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/61528/1/MPRA_paper_61528.pdf
    File Function: original version
    Download Restriction: no

    File URL: https://mpra.ub.uni-muenchen.de/61623/1/MPRA_paper_61623.pdf
    File Function: revised version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Frank Ellis & H Ade Freeman, 2004. "Rural Livelihoods and Poverty Reduction Strategies in Four African Countries," Journal of Development Studies, Taylor & Francis Journals, vol. 40(4), pages 1-30.
    2. Edward N. Wolff, 2000. "Recent Trends in Wealth Ownership, 1983-1998," Economics Working Paper Archive wp_300, Levy Economics Institute.
    3. Barrett, Christopher B, 2001. "Does Food Aid Stabilize Food Availability?," Economic Development and Cultural Change, University of Chicago Press, vol. 49(2), pages 335-349, January.
    4. W. Sauerbrei & P. Royston, 1999. "Building multivariable prognostic and diagnostic models: transformation of the predictors by using fractional polynomials," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 162(1), pages 71-94.
    5. Margaret Grosh & Paul Glewwe, 2000. "Designing Household Survey Questionnaires for Developing Countries," World Bank Publications - Books, The World Bank Group, number 25338.
    6. Rigg, Jonathan, 2006. "Land, farming, livelihoods, and poverty: Rethinking the links in the Rural South," World Development, Elsevier, vol. 34(1), pages 180-202, January.
    7. Melvin L. Oliver & Thomas M. Shapiro, 1990. "Wealth of a Nation," American Journal of Economics and Sociology, Wiley Blackwell, vol. 49(2), pages 129-151, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Martin, Sarah M. & Lorenzen, Kai, 2016. "Livelihood Diversification in Rural Laos," World Development, Elsevier, vol. 83(C), pages 231-243.
    2. Ambler, Kate & Herskowitz, Sylvan & Maredia, Mywish K., 2021. "Are we done yet? Response fatigue and rural livelihoods," Journal of Development Economics, Elsevier, vol. 153(C).
    3. Oya, Carlos., 2010. "Rural inequality, wage employment and labour market formation in Africa : historical and micro-level evidence," ILO Working Papers 994582213402676, International Labour Organization.
    4. repec:ilo:ilowps:458221 is not listed on IDEAS
    5. Kai Mausch & Dave Harris & Luke Dilley & Mary Crossland & Tim Pagella & Jules Yim & Emma Jones, 2021. "Not All About Farming: Understanding Aspirations Can Challenge Assumptions About Rural Development," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(4), pages 861-884, August.
    6. Rao, Nitya, 2017. "Assets, Agency and Legitimacy: Towards a Relational Understanding of Gender Equality Policy and Practice," World Development, Elsevier, vol. 95(C), pages 43-54.
    7. Gunther Bensch & Jörg Peters, 2013. "Alleviating Deforestation Pressures? Impacts of Improved Stove Dissemination on Charcoal Consumption in Urban Senegal," Land Economics, University of Wisconsin Press, vol. 89(4), pages 676-698.
    8. Barik, Debasis & Desai, Sonalde & Vanneman, Reeve, 2018. "Economic Status and Adult Mortality in India: Is the Relationship Sensitive to Choice of Indicators?," World Development, Elsevier, vol. 103(C), pages 176-187.
    9. Giulio Fella & Giovanni Gallipoli, 2014. "Education and Crime over the Life Cycle," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 81(4), pages 1484-1517.
    10. Marco Caliendo & Stefan Tübbicke, 2020. "New evidence on long-term effects of start-up subsidies: matching estimates and their robustness," Empirical Economics, Springer, vol. 59(4), pages 1605-1631, October.
    11. Van Landeghem, Bert & Vandeplas, Anneleen, 2018. "The relationship between status and happiness: Evidence from the caste system in rural India," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 77(C), pages 62-71.
    12. Yen H. T. Nguyen & Tuyen Q. Tran & Dung T. Hoang & Thu M. T. Tran & Trung T. Nguyen, 2023. "Land quality, income, and poverty among rural households in the North Central Region, Vietnam," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 150-172, June.
    13. Leandro De Magalhães & Dongya Koh & Raül Santaeulàlia-Llopis, 2016. "Consumption and Expenditure in Sub-Saharan Africa," Bristol Economics Discussion Papers 16/677, School of Economics, University of Bristol, UK, revised 07 Oct 2016.
    14. MoonJoong Tcha & Fiona Lio, 2002. "An Analysis of Food Aid and Altruism," Economics Discussion / Working Papers 02-19, The University of Western Australia, Department of Economics.
    15. Aftab Ahmad, 2020. "Poverty Terrorism Nexus: A Case Study Of Pakistan," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 9(4), pages 162-172, December.
    16. Carlos Gaviria, 2011. "The Post-war International Food Order: The Case of Agriculture in Colombia," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 74, pages 119-150.
    17. Ye, Yuxiang & Koch, Steven F., 2021. "Measuring energy poverty in South Africa based on household required energy consumption," Energy Economics, Elsevier, vol. 103(C).
    18. Xiaowei Yang & Jianmin Gao & Zhongliang Zhou & Jue Yan & Sha Lai & Yongjian Xu & Gang Chen, 2016. "Assessing the Effects of the New Cooperative Medical Scheme on Alleviating the Health Payment-Induced Poverty in Shaanxi Province, China," PLOS ONE, Public Library of Science, vol. 11(7), pages 1-12, July.
    19. Muhammad Amjed Iqbal & Muhammad Rizwan & Azhar Abbas & Muhammad Sohail Amjad Makhdum & Rakhshanda Kousar & Muhammad Nazam & Abdus Samie & Nasir Nadeem, 2021. "A Quest for Livelihood Sustainability? Patterns, Motives and Determinants of Non-Farm Income Diversification among Agricultural Households in Punjab, Pakistan," Sustainability, MDPI, vol. 13(16), pages 1-14, August.
    20. Bagamba, Fredrick & Burger, Kees & Kuyvenhoven, Arie, 2007. "Determinants of smallholder farmer labour allocation decisions in Uganda," 106th Seminar, October 25-27, 2007, Montpellier, France 7920, European Association of Agricultural Economists.
    21. Strasak, Alexander M. & Umlauf, Nikolaus & Pfeiffer, Ruth M. & Lang, Stefan, 2011. "Comparing penalized splines and fractional polynomials for flexible modelling of the effects of continuous predictor variables," Computational Statistics & Data Analysis, Elsevier, vol. 55(4), pages 1540-1551, April.

    More about this item

    Keywords

    Asset Based Poverty; Fractional Polynomial Regression; Social Welfare; Taxation Policy;
    All these keywords.

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:61528. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.