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Assets, Activity Choices, and Civil War: Evidence from Burundi

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  • Bundervoet, Tom
Abstract
Summary This article examines the relation between risky assets and activity choices in rural Burundi. The literature says that when assets are risky, their effectiveness as a buffer is eroded. A corollary of this is that even wealthier households will engage in income-skewing activities. Exploiting the differential degree in asset risk related to the spatial intensity of the civil war, we find that higher asset holdings do not induce households in the war regions to reduce investment in safe low-return activities--as opposed to households in other regions. This potentially explains (in part) the massive increase in poverty in the war regions.

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  • Bundervoet, Tom, 2010. "Assets, Activity Choices, and Civil War: Evidence from Burundi," World Development, Elsevier, vol. 38(7), pages 955-965, July.
    • Handle: RePEc:eee:wdevel:v:38:y:2010:i:7:p:955-965
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    Cited by:

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    2. Sonja Fransen & Carlos Vargas-Silva & Melissa Siegel, 2018. "The impact of refugee experiences on education: evidence from Burundi," IZA Journal of Migration and Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 8(1), pages 1-20, December.
    3. Dagnelie, Olivier & Luca, Giacomo Davide De & Maystadt, Jean-François, 2018. "Violence, selection and infant mortality in Congo," Journal of Health Economics, Elsevier, vol. 59(C), pages 153-177.
    4. Khataza, Robertson R.B. & Doole, Graeme J. & Kragt, Marit E. & Hailu, Atakelty, 2018. "Information acquisition, learning and the adoption of conservation agriculture in Malawi: A discrete-time duration analysis," Technological Forecasting and Social Change, Elsevier, vol. 132(C), pages 299-307.
    5. Bove, Vincenzo & Gavrilova, Evelina, 2014. "Income and Livelihoods in the War in Afghanistan," World Development, Elsevier, vol. 60(C), pages 113-131.
    6. Carlos Bozzoli & Tilman Brueck & Tony Muhumuza, 2016. "Activity Choices Of Internally Displaced Persons And Returnees: Quantitative Survey Evidence From Post-War Northern Uganda," Bulletin of Economic Research, Wiley Blackwell, vol. 68(4), pages 329-347, October.
    7. Isabel Ruiz & Carlos Vargas-Silva, 2022. "Refugee return and social cohesion," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 38(3), pages 678-698.
    8. Kofol, Chiara & Ciarli, Tommaso, 2017. "Child Labor and Conflict: Evidence from Afghanistan," Discussion Papers 260275, University of Bonn, Center for Development Research (ZEF).
    9. Jean-François Maystadt & Olivier Ecker, 2014. "Extreme Weather and Civil War: Does Drought Fuel Conflict in Somalia through Livestock Price Shocks?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(4), pages 1157-1182.
    10. Olivier Dagnelie & Giacomo De Luca & Jean-Francois Maystadt, 2014. "Do girls pay the price of civil war? Violence and infant mortality in Congo," Working Papers of Department of Economics, Leuven 490852, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
    11. Mercier, Marion & Ngenzebuke, Rama Lionel & Verwimp, Philip, 2020. "Violence exposure and poverty: Evidence from the Burundi civil war," Journal of Comparative Economics, Elsevier, vol. 48(4), pages 822-840.
    12. Lionel Jeusette & Philip Verwimp, 2017. "Childhood Aspirations, Occupational Outcomes and Exposure to Violence: Evidence from Burundi," Working Papers ECARES ECARES 2017-26, ULB -- Universite Libre de Bruxelles.
    13. Sanctus Niragira & Jean Ndimubandi & Jos Orshoven & Marijke D’Haese & Jeroen Buysse & Serge Ngendakumana & Zacharie Miburo & Pamela Sinzinkayo, 2022. "Modelling crop portfolios that minimize human macronutrient deficiency on subsistence farms in Burundi," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 14(1), pages 23-37, February.
    14. Ciarli, Tommaso & Kofol, Chiara & Menon, Carlo, 2015. "Business as unusual. An explanation of the increase of private economic activity in high-conflict areas in Afghanistan," LSE Research Online Documents on Economics 65015, London School of Economics and Political Science, LSE Library.
    15. Olivier Dagnelie & Giacomo De Luca & Jean-Francois Maystadt, 2014. "Do girls pay the price of civil war?," Working Papers 66401113, Lancaster University Management School, Economics Department.
    16. Fransen, Sonja & Ruiz, Isabel & Vargas-Silva, Carlos, 2017. "Return Migration and Economic Outcomes in the Conflict Context," World Development, Elsevier, vol. 95(C), pages 196-210.
    17. Bageant, Elizabeth & Liu, Yanyan & Diao, Xinshen, 2016. "Agriculture-nutrition linkages and child health in the presence of conflict in Nepal:," IFPRI discussion papers 1515, International Food Policy Research Institute (IFPRI).
    18. Philip Verwimp & Juan Carlos Mu�oz-Mora, 2013. "Returning Home after Civil War: Food security, nutrition and poverty among Burundian households," HiCN Working Papers 123, Households in Conflict Network.
    19. Maystadt, Jean-Francois & Ecker, Olivier & Mabiso, Athur, 2013. "Extreme weather and civil war in Somalia: Does drought fuel conflict through livestock price shocks?," IFPRI discussion papers 1243, International Food Policy Research Institute (IFPRI).
    20. repec:lic:licosd:32613 is not listed on IDEAS
    21. Philip Verwimp, "undated". "Food Security, Violent Conflict and Human Development: Causes and Consequences," UNDP Africa Policy Notes 2012-016, United Nations Development Programme, Regional Bureau for Africa.
    22. repec:hic:wpaper:203 is not listed on IDEAS

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