Assets and Poverty Traps in Rural Bangladesh
利用孟加拉国农村的纵向调查数据，研究土地和资产积累的决定因素，分析是否存在资产贫困陷阱，发现动态资产前沿呈凹形但无多重均衡，与非洲国家结果不同。
Using longitudinal survey from rural Bangladesh, this article examines the determinants of land and asset accumulation over time and explores why some households may be trapped in asset poverty. Non-parametric and parametric methods are used to discern the shape of the asset accumulation path, and whether unique or multiple equilibria exist. We find evidence for concavity of the dynamic asset frontier but no evidence for multiple equilibria. It is suggested that the existence of well-functioning factor markets in rural Bangladesh and elsewhere in South Asia explain the contrasts between our results and those for several African countries.