Human Capital Investments in Pakistan: Implications of Micro Evidence from Rural Households
AbstractA number of cross-country studies suggest that the Pakistani aggregate human capital investments, measured by educational performance, are low relative to other countries of similar per capita income levels. This paper investigates the implications of micro evidence on schooling from rural Pakistan for an understanding of the cases of low human capital investments. The results of school-entrant and dropout regressions using household panel data indicate that the permanent and transitory income movements affect children’s schooling behaviour, indicating credit market imperfections. Hence, the human capital investments in rural Pakistan may be discouraged by poverty, combined with incompletely insured income volatility. Moreover, our analysis points out that there is a distinct gender difference in education.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Pakistan Institute of Development Economics in its journal The Pakistan Development Review.
Volume (Year): 36 (1997)
Issue (Month): 4 ()
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Morduch, Jonathan, 1994.
"Poverty and Vulnerability,"
American Economic Review,
American Economic Association, vol. 84(2), pages 221-25, May.
- Lawrence H. Summers, 1992.
"Investing in All the People,"
The Pakistan Development Review,
Pakistan Institute of Development Economics, vol. 31(4), pages 367-404.
- Alderman, Harold, 1996. "Saving and economic shocks in rural Pakistan," Journal of Development Economics, Elsevier, vol. 51(2), pages 343-365, December.
- Takashi Kurosaki & Marcel Fafchamps, 1998.
"Insurance Market Efficiency and Crop Choices in Pakistan,"
Discussion Paper Series
a358, Institute of Economic Research, Hitotsubashi University.
- Kurosaki, Takashi & Fafchamps, Marcel, 2002. "Insurance market efficiency and crop choices in Pakistan," Journal of Development Economics, Elsevier, vol. 67(2), pages 419-453, April.
- Takashi Kurosaki & Marcel Fafchamps, 1997. "Insurance Market Efficiency and Crop Choices in Pakistan," Working Papers 97010, Stanford University, Department of Economics.
- Marcel Fafchamps & Takashi Kurosaki, 2000. "Insurance Market Efficiency and Crop Choices in Pakistan," Economics Series Working Papers 12, University of Oxford, Department of Economics.
- Nancy Birdsall & David Ross & Richard Sabot, 1993. "Underinvestment in Education: How Much Growth has Pakistan Foregone?," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 32(4), pages 453-499.
- Jere R. Behrman & Ryan Schneider, 1993. "An International Perspective on Pakistani Human Capital Investments in the Last Quarter Century," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 32(1), pages 1-68.
- Robert M. Townsend, 1995. "Consumption Insurance: An Evaluation of Risk-Bearing Systems in Low-Income Economies," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 83-102, Summer.
- Jacoby, Hanan G & Skoufias, Emmanuel, 1997. "Risk, Financial Markets, and Human Capital in a Developing Country," Review of Economic Studies, Wiley Blackwell, vol. 64(3), pages 311-35, July.
- Sawada, Yasayuki & Lokshin, Michael, 2001. "Household schooling decisions in rural Pakistan," Policy Research Working Paper Series 2541, The World Bank.
- Sawada, Yasuyuki & Lokshin, Michael, 2009.
"Obstacles to school progression in rural Pakistan: An analysis of gender and sibling rivalry using field survey data,"
Journal of Development Economics,
Elsevier, vol. 88(2), pages 335-347, March.
- Yasuyuki Sawada & Michael Lokshin, 2007. "Obstacles to School Progression in Rural Pakistan: An Analysis of Gender and Sibling Rivalry Using Field Survey Data," CIRJE F-Series CIRJE-F-484, CIRJE, Faculty of Economics, University of Tokyo.
- Hina Nazli & Shahnaz Hamid, 1999. "Concerns of Food Security, Role of Gender, and Intrahousehold Dynamics in Pakistan," PIDE-Working Papers 1999:175, Pakistan Institute of Development Economics.
- Zafar Mueen Nasir, 2002. "Returns to Human Capital in Pakistan: A Gender Disaggregated Analysis," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 41(1), pages 1-28.
- Blunch, Niels-Hugo & Canagarajah, Sudharshan & Goyal, Sangeeta, 2002. "Short- and long-term impacts of economic policies on child labor and schooling in Ghana," Social Protection Discussion Papers 25527, The World Bank.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Khurram Iqbal).
If references are entirely missing, you can add them using this form.