Government Expenditures on Education, Fertility Rate, and Child Schooling
AbstractIn many developing countries, a modern sector coexists with a traditional, informal, sector often intensive in child labor. In such a setting, when parents care about both the number and wellbeing of offsping, but also attach an economic value to children, there is a positive association between the total fertility rate and child's time allocated to schooling. As a result, Government expenditures on education fail to enhance optimal growth of human capital.
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Bibliographic InfoPaper provided by Université Laval - Département d'économique in its series Cahiers de recherche with number 9807.
Date of creation: 1998
Date of revision:
Child labor; Human capital; Imperfect substitutability; Modern good; Public Education; Traditional good;
Find related papers by JEL classification:
- H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
- H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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