Attanasio, O;
Meghir, C;
Nix, E;
Salvati, F;
(2017)
Human capital growth and poverty: Evidence from Ethiopia and Peru.
Review of Economic Dynamics
, 25
pp. 234-259.
10.1016/j.red.2017.02.002.
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Abstract
In this paper we use high quality data from two developing countries, Ethiopia and Peru, to estimate the production functions of human capital from age 1 to age 15. We characterize the nature of persistence and dynamic complementarities between two components of human capital: health and cognition. We also explore the implications of different functional form assumptions for the production functions. We find that more able and higher income parents invest more, particularly at younger ages when investments have the greatest impacts. These differences in investments by parental income lead to large gaps in inequality by age 8 that persist through age 15.
| Type: | Article |
|---|---|
| Title: | Human capital growth and poverty: Evidence from Ethiopia and Peru |
| Location: | Chicago, IL |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1016/j.red.2017.02.002 |
| Publisher version: | https://doi.org/10.1016/j.red.2017.02.002 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | Social Sciences, Economics, Business & Economics, Cognitive Skills, Health, Dynamic Factor Analysis, Parental Investments, Child Development, Human Capital, Noncognitive Skill Formation, Early-Childhood, Developing-Countries, Measurement Error, Children, Health, Intervention, Stimulation, Technology, Education |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/1571846 |
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