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Book Essays on Human Capital Formation in Developing Countries

Download or read book Essays on Human Capital Formation in Developing Countries written by Abhijeet Singh and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on Human Capital Formation in Developing Countries

Download or read book Essays on Human Capital Formation in Developing Countries written by Alexander Sergeevich Ugarov and published by . This book was released on 2019 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Differences in human capital explain approximately one-half of the productivity variation across countries. Therefore, we need to understand drivers of human capital accumulation in order to design successful development policies. My dissertation studies formation and use of human capital with emphasis on its less tangible forms, including skills, abilities and know-how. The first chapter of my dissertation explores the effects of occupational and educational barriers on human capital stock and aggregate productivity. I find that students' academic skills have very small impact on occupational choice in most developing countries. This finding suggests a higher incidence of occupational barriers in developing countries. I evaluate the productivity losses resulting from occupational barriers by calibrating a general equilibrium model of occupational choice. According to my estimation, developing countries can increase their GDP by up to twenty percent by reducing the barriers to the level of a benchmark country (US). In the second chapter of my dissertation, I study the effects of economic growth on education quality. Several models of human capital accumulation predict that incomes have a positive causal effect on human capital for given levels of education by increasing the consumption of educational goods. The paper tests this prediction by using a within country variation in incomes per-capita across different cohorts of US immigrants. Wages of US migrants conditional on years of education serve as a measure of education quality. I find that average domestic incomes experienced by migrants in age from zero to twenty years have a significant positive effect on their future earnings in the US. The third chapter studies the effects of employee-driven technology spillovers on technology adoption. It challenges the theoretical result of Franco and Filson (2006) by assuming that workers are risk averse and that the number of competitors is finite. In this more realistic scenario spillovers significantly reduce payoffs from adopting advanced technologies.

Book Three Essays on The Formation and Mobility of Human Capital in Developing Countries

Download or read book Three Essays on The Formation and Mobility of Human Capital in Developing Countries written by Maggie Yuanyuan Liu and published by . This book was released on 2017 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development and economic growth take place through the more efficient allocation of inputs into more productive uses. Human capital is a key input since it is the main asset of the majority of the population, especially of the poor, in developing countries. What factors attribute to existing barriers to physical and social mobility of human capital in developing countries? How has expanded global trade affected the allocation and accumulation of skill in developing economies? In three chapters, I study the education and internal migration in China and India, and provide answer to these questions.

Book Essays on Human Capital Formation in Sustainable Development

Download or read book Essays on Human Capital Formation in Sustainable Development written by Margaret MacLeod and published by . This book was released on 2009 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays in Experimental Development Economics and Human Capital Formation

Download or read book Essays in Experimental Development Economics and Human Capital Formation written by Rahul Mehrotra and published by . This book was released on 2017 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book THREE ESSAYS CONSIDERING HUMAN CAPITAL COMPOSITION AND ECONOMIC GROWTH

Download or read book THREE ESSAYS CONSIDERING HUMAN CAPITAL COMPOSITION AND ECONOMIC GROWTH written by Guan Lin and published by . This book was released on 2017 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human capital has long been recognized as a crucial determinant of economic development. The main contribution of my dissertation is to both theoretically and empirically demonstrate the idea that the composition (different types of education) of human capital determines technological progress and affects long-run economic growth. As compared to traditional human capital and growth literature, it emphasizes the composition effect of human capital, rather than the level effect, on economic development. It provides a new perspective in characterizing the stages of economic development along the growth path. Optimal human capital composition benefits not only lesser developed countries who usually lack educational resources but also developed countries with limited population growth potential. The first chapter, titled ``Education, Technology, Human Capital Composition and Economic Development'', develops a framework of endogenous educational decisions and technological progress to explore the human capital composition and its effects on economic growth. In this model, growth is driven by technological advancement, which depends on the human capital composition. Individuals can choose from different types of workers: unskilled workers, generalists or specialists. Both generalists and specialists, through technological progress, are able to enhance growth. The model considers the role of technology stock, coordination cost, education cost and worker's innate ability on the human capital composition and economic growth. The main result shows the improvement in the composition of human capital promotes economic growth in most economic stages. However, this positive effect tapers off as the economy reaches complete specialization. This provides a possible explanation for the convergence of economic growth to zero asymptotically in the long run. I extend the argument into an open economy framework in the second chapter, titled ``Migration Effects on Home Country's Composition of Human Capital and Economic Development''. This chapter examines migration effects on domestic composition of human capital and economic growth. The net effect of migration depends on two facets. On one hand, the possibility of migration provides incentives for workers to invest in education and consequently increases the fraction of skilled workers in home country's human capital composition. On the other hand, increased population of skilled emigrants hinders the accumulation of human capital. A sufficient condition for beneficial migration is derived: if the ex ante domestic fraction of unskilled worker is relatively high, allowing the home country to achieve faster economic growth with migration. The last chapter, titled ``The Effect of Tertiary Education Composition on Economic Growth'', differentiates types of tertiary education by ISECD levels and empirically investigates their effects on economic growth. I use panel data on a group of 77 countries for the period 1998-2011. In dynamic panel data estimation, a potential endogeneity bias could arise due to the inclusion of lagged dependent variables. Several methods are applied to overcome the issue, such as Anderson-Hsiao estimator, the Difference Generalized Method of Moments estimator and the System Generalized Method of Moments estimator. The study shows a significantly positive relationship between short-cycle tertiary education and real GDP per capita for both developed and developing countries. However, undergraduate and graduate education only positively correlate to economic growth in developed countries. The empirical results are informative for developed countries as well as developing countries. Understanding the contribution of tertiary education in different levels allows them to effectively allocate resources and appropriately integrate it in growth policies.

Book Essays on Human Capital Formation of Youth in the Middle East

Download or read book Essays on Human Capital Formation of Youth in the Middle East written by Wael Mansour and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Human capital formation is a fundamental requirement for countries' long term economic development and societal prosperity. This process can be enhanced or disrupted by internal factors such as migration and remittances, or external ones like wars. This thesis is interested in investigating both phenomena. The following questions are addressed: what is the impact of migrant remittances on human capital formation, do these private inflows induce any changes in the behavior of remittance-receivers towards education expenditure, and finally what is the short term micro-economic effect of armed conflicts on education in post war countries. In investigating these issues, focus is made on two perspectives: first youth, an active group in the society whose age matches up higher education levels and labor force entry simultaneously; second gender differentials both in terms of impact and behavior. The research explores new surveys from the Middle East, datasets that have not been analyzed previously from an education angle and that are not generally available to researchers. These datasets come from Jordan and Lebanon, two middle income non-oil producer countries. The thesis is composed of three independent essays. The first examines the impact of migrant remittances on human capital accumulation among youth in Jordan and highlights the various ways in which remittances influence education outcomes. The analysis takes a gender dimension and examines whether the effects and magnitude of such impact is different between males and females. The second essay considers remittances receipt, from both domestic and international sources, and examines their impact on Jordanian households' education spending patterns. Following the literature on intra-household bargaining and gender expenditure preferences, the analysis examines whether such impact is potentially different between male and female headed households. The third essay tackles the impact of the 2006 war on education attendance of youth in Lebanon. The chapter captures households' schooling responses in the aftermath of the war. By looking at the implications of a diversified array of damages sustained; reflecting physical, human, income and employment losses; the chapter examines possible linkages between the nature of the damage incurred and the manner and magnitude in which such damage affects education.

Book Human Capital Development and Economic Development

Download or read book Human Capital Development and Economic Development written by Hassan M Somo and published by GRIN Verlag. This book was released on 2018-03-07 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: .90, , course: Economics, language: English, abstract: The study focus on identifying the relationship between Human capital and economic development for Educational Institutions in Mogadishu, using descriptive analysis with view of increasing the efficiency and effectiveness of private universities in Mogadishu,. More specifically, this study aims to find out the effect of human capital development and economic development. The target or accessible population of the study was 60 of educated employee or instructors in educational institutions in Mogadishu an which a sample of 49 respondents was drawn using stratified random sampling and proportionate was used to determine sample size for each of the three educational institutions such as plasma university, modern university and university of Somalia, To achieve the objectives of the study, a survey design was employed. The study relied principally on primary data which was collected using questionnaires containing close ended questions for ease of analysis. Data was analyzed using descriptive with the aid of Statistical Package for Social Sciences.Based on the finding in objective one which indicates the total average mean, the second objectives which indicates the total average mean,, Based on the findings in objective third and fourth or specific objectives of the study indicates the total average mean so that the all objectives indicate a good sign or positive sign, means the overall Skill building and training of the educational institutions are very good While the overall mean of economic development was scored a as shown in the table of chapter four indicates, so that the study indicates that human capital development have a significant and strong relationship towards the economic development. The researcher recommends further investigation should be conducted to collect data from other educational institutions such to see whether human capital development are increasing and effecting the economics in the country. The study also recommends that the Expand human capital investment on institutional capacity by strengthening the infrastructure of educational institutions to produce quality manpower to eradicate the level of illiterate and effect the economics of the country

Book Essays on Determinants of Human Capital Accumulation

Download or read book Essays on Determinants of Human Capital Accumulation written by Maya Sherpa and published by . This book was released on 2011 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is composed of two self-contained essays, which examine two different factors that could affect human capital accumulation in a developing country. Both essays utilize cross-sectional data from the second round (2003/04) of national level household survey from Nepal. In the first essay, I estimate the impact of remittances on school attendance of children in Nepal. Over the last decade Nepal has experienced an increase in both domestic and international migration and consequently, Nepal has also seen a large surge in remittances from expatriates, growing from less than 3 percent of the GDP in 1995 to about 17 percent in 2004, to 22 percent in 2008, becoming one of the top ten recipients in terms of the share of remittance to GDP. In developing countries, investment in human capital is often viewed as significantly constrained by household resources. The premise of this essay is that remittances, by relaxing household resource constraints, can promote investment in education of the children living in remittance-receiving household. I use the proportion of households receiving remittances and the migrant's age as instrumental variables to identify remittance-receiving households and level of remittance flow. I find that remittances increase the probability of school attendance for young girls (ages 6-10) and for older boys (ages 11-18). But the positive effect does not extend to younger boys (ages 6-10) and older girls (ages 11-18). In the second essay, I estimate the causal effect of child's number hours worked on school attendance and school attainment. Here, number of hours worked is defined broadly to include hours worked in market and non-market activities within and outside the household as well as hours worked on domestic chores within the household. The central identification problem in estimating the causal effect of child labor on schooling is that these two decisions are simultaneously driven by different confounding factors such as household income, family preferences, child characteristics, availability and quality of school, etc. All of these are likely to induce a negative (or a positive) relationship between schooling and child labor. To abstract from these confounding factors, I use community level average daily agricultural wage for children and the distance to water source to provide variation in the demand for child labor. The results show that the effect of hours worked on schooling outcomes differ by demographic subgroups. For girls, the number of hours worked adversely affects both school attendance and grade attainment. For boys, the results are significantly different. The results of this study suggest that working up to 12.7 and 14.5 hours per week have no adverse effect on school attendance of boys of ages 5-9 and ages 10-16, respectively. Whereas, working less than 15 hours a week has no detrimental effect on grade attainment of older boys. I find no effect of the number of hours worked on grade attainment of younger boys aged 5-9.

Book Three Essays on the Economics of Childhood Development  Human Capital Formation and Psycho social Well being

Download or read book Three Essays on the Economics of Childhood Development Human Capital Formation and Psycho social Well being written by Kira Marie Villa and published by . This book was released on 2014 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently and emerging literature in economics highlights the importance of early childhood well-being and what are know as "noncognitive" skills to economic success. While growing evidence in links these skills to economic, behavioral and demographic outcomes in the developed countries, there is little such evidence linking these traits to economic outcomes in developing country contexts. Moreover, research in the economics literature generally estimates the effects of a general noncognitive aggregate rather than specific traits. In this dissertation I explore how various dimensions of human capital develop over childhood and how cognition and specific personality and noncognitive traits determine labor market outcomes. Chapter 1 estimates how health, cognition and specific noncognitive abilities are jointly produced over the different stages of childhood in a developing country context. It estimates self- and cross-productivity effects across these different dimensions of child development and examines the role of parental inputs and home environment. The noncognitive abilities examined are risky behaviors, group socialization, positive affect and negative affect. Using a rich panel data set that follows a cohort of Filipino children from birth through adulthood, I estimate this production technology using the dynamic factor model developed in Cuhna and Heckman (2008). Findings show strong path dependency with current levels of child development largely dependent on previous levels causing early disparities in child development to persist throughout childhood into adult- hood. Lagged health, in particular, is an important determinant of current health, cognition and socio-emotional well-being in this developing country context. Cognition and socio-emotional traits similarly exhibit both self- and cross-productivity. Findings imply that child development is cumulative in nature and that early disparities will persist until effective and early remediation is undertaken. Chapter 2 estimates the effect of cognition and five specific personality traits on entrepreneurship and selection into different labor market segments for a sample of young adults in Madagascar. The personality traits examined are know as the Big Five Personality traits: Openness to Experience, Conscientiousness, Extroversion, Agreeableness and Neuroticism. Examining the effects of specific noncognitive traits will help to better compare results across studies and target policy. I find that both cognition and personality are significant predictors of labor market selection and entrepreneurial activities. Personality matters in determining labor market outcomes of interest and should therefore be considered when discussing and designing human capital targeted policies. If the policy implications of the literature linking personality and outcomes are to be realized, then a better understanding of how these noncognitive traits are developed is needed. However, to date, the literature detailing how the Big Five Personality Traits are formed is much smaller. Chapter 3 explores the environmental and familial determinants of the Big Five Personality Traits. While I cannot directly control for genetics, we use information on maternal extended family to express a degree of genetic predisposition. I find that maternal background, extended family characteristics and other environmental determinants all interact and play a role in determining the five personality traits we examine.

Book Three Essays on Human Capital

Download or read book Three Essays on Human Capital written by Xiaoyan Chen Youderian and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The first essay considers how the timing of government education spending influences the intergenerational persistence of income. We build a life-cycle model where human capital is accumulated in early and late childhood. Both families and the government can increase the human capital of young agents by investing in education at each stage of childhood. Ability in each dynasty follows a stochastic process. Different abilities and resultant spending histories generate a stochastic steady state distribution of income. We calibrate our model to match aggregate statistics in terms of education expenditures, income persistence and inequality. We show that increasing government spending in early childhood education is effective in lowering intergenerational earnings elasticity. An increase in government funding of early childhood education equivalent to 0.8 percent of GDP reduces income persistence by 8.4 percent. We find that this relatively large effect is due to the weakening relationship between family income and education investment. Since this link is already weak in late childhood, allocating more public resources to late childhood education does not improve the intergenerational mobility of economic status. Furthermore, focusing more on late childhood may raise intergenerational persistence by amplifying the gap in human capital developed in early childhood. The second essay considers parental time investment in early childhood as an education input and explores the impact of early education policies on labor supply and human capital. I develop a five-period overlapping generations model where human capital formation is a multi-stage process. An agent's human capital is accumulated through early and late childhood. Parents make income and time allocation decisions in response to government expenditures and parental leave policies. The model is calibrated to the U.S. economy so that the generated data matches the Gini index and parental participation in education expenditures. The general equilibrium environment shows that subsidizing private education spending and adopting paid parental leave are both effective at increasing human capital. These two policies give parents incentives to increase physical and time investment, respectively. Labor supply decreases due to the introduction of paid parental leave as intended. In addition, low-wage earners are most responsive to parental leave by working less and spending more time with children. The third essay is on the motherhood wage penalty. There is substantial evidence that women with children bear a wage penalty of 5 to 10 percent due to their motherhood status. This wage gap is usually estimated by comparing the wages of working mothers to childless women after controlling for human capital and individual characteristics. This method runs into the problem of selection bias by excluding non-working women. This paper addresses the issue in two ways. First, I develop a simple model of fertility and labor participation decisions to examine the relationships among fertility, employment, and wages. The model implies that mothers face different reservation wages due to variance in preference over child care, while non-mothers face the same reservation wage. Thus, a mother with a relatively high wage may choose not to work because of her strong preference for time with children. In contrast, a childless woman who is not working must face a relatively low wage. For this reason, empirical analysis that focuses only on employed women may result in a biased estimate of the motherhood wage penalty. Second, to test the predictions of the model, I use 2004-2009 data from the 1997 National Longitudinal Survey of Youth (NLSY97) and include non-working women in the two-stage Heckman selection model. The empirical results from OLS and the fixed effects model are consistent with the findings in previous studies. However, the child penalty becomes smaller and insignificant after non-working women are included. It implies that the observed wage gap in the labor market appears to overstate the child wage penalty due to the sample selection bias.

Book Essays in Human Capital Formation

Download or read book Essays in Human Capital Formation written by Analia Schlosser and published by . This book was released on 2006 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on Human Capital Interventions in Developing Countries

Download or read book Essays on Human Capital Interventions in Developing Countries written by N. Umapathi and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on Human Capital  Labor  and Migration in Developing Countries

Download or read book Essays on Human Capital Labor and Migration in Developing Countries written by Tomoko Utsumi and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on Human Capital Accumulation and Inequality

Download or read book Essays on Human Capital Accumulation and Inequality written by Claudia Trentini and published by . This book was released on 2009 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Essays on Human Capital Interventions in Developing Countries

Download or read book Essays on Human Capital Interventions in Developing Countries written by Nithin Umapathi and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Human Capital Formation and Manpower Development

Download or read book Human Capital Formation and Manpower Development written by Ronald A. Wykstra and published by . This book was released on 1971 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: USA. Compilation of essays comprising an economic analysis of human resources development, human capital formation and human resources planning and the role thereof in economic growth - covers the purpose and nature of cost benefit analysis of investment in education (incl. Higher education) and in vocational training, retraining and health, the impact of migration, wages discrimination against low income minority groups, work experience programmes, educational planning aspects, etc. Bibliography and diagrams.