RT Generic T1 Livestock asset dynamics among pastoralists in Northern Kenya A1 Mburu,Samuel A1 Kaiser,Micha A1 Sousa-Poza,Alfonso WP 2017/09/28 AB Understanding household-level asset dynamics has important implications for designing relevant poverty reduction policies. To advance this understanding, we develop a microeconomic model to analyze the impact of a shock (for example a drought) on the behavioral decisions of pastoralists in Northern Kenya. Using household panel data this study then explores the livestock asset dynamics using both non-parametric and semi-parametric techniques to establish the shape of the asset accumulation path and to determine whether multiple equilibria exist. More specifically, using tropical livestock units as a measure of livestock accumulation over time, we show not only that these assets converge to a single equilibrium but that forage availability and herd diversity play a major role in such livestock accumulation. K1 Kenia K1 Hirt K1 Viehbesatz K1 Armut K1 Semiparametrische Schätzung PP Hohenheim PB Kommunikations-, Informations- und Medienzentrum der Universität Hohenheim UL http://opus.uni-hohenheim.de/volltexte/2017/1409