[The Household Registration, Credit Constraint and Educational Investment on the Rural Left Children]
AbstractThis paper resolves the impacts of the deregulation of the household registration on the economic condition and the educational investment decision of the family into two parts: one part improves family members to adjust the allocation of time, thus increasing the family income; and the other promotes the farmers’ expected benefits of the educational investment. Then on the basis of designing a family’s two-stage production and consumption model, with the aim of maximizing of the utility of the family, this paper combines different credit conditions and discusses the impacts of the above two changes on farmers’ educational investment behaviors. At the end, the paper aggregates a series of conclusions on total investment in education and the changes of family’s welfare, and then suggests the direction of further research.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 18060.
Date of creation: Jun 2007
Date of revision:
the Household Registration; Credit Constraint; Educational Human Capital;
Find related papers by JEL classification:
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
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- Psacharopoulos, George, 1994.
"Returns to investment in education: A global update,"
Elsevier, vol. 22(9), pages 1325-1343, September.
- Psacharopoulos, George, 1993. "Returns to investment in education : a global update," Policy Research Working Paper Series 1067, The World Bank.
- Knight, John & Li, Shi, 1996. "Educational Attainment and the Rural--Urban Divide in China," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 58(1), pages 83-117, February.
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