Labor Market Incentives To Stay In School
Human capital theory suggests that job opportunities will create incentives for human capital investment. If job information does not flow freely, or if they prefer not to move, students will make investment decisions based upon local job markets. Communities with a high percentage of low-skill jobs which do not reward high school and higher education do not create incentives for students to finish high school or continue beyond high school. Data from Virginia support this hypothesis. Targeted job creation, and improved labor market information may create incentives for increased human capital investment in many rural communities.
Volume (Year): 25 (1993)
Issue (Month): 02 (December)
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- Brady J. Deaton & Larry C. Morgan & Kurt R. Anschel, 1982. "The Influence of Psychic Costs on Rural-Urban Migration," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(2), pages 177-187.
- Kevin T. McNamara & Warren P. Kriesel, 1988. "Manufacturing Location: the Impact of Human Capital Stocks and Flows," The Review of Regional Studies, Southern Regional Science Association, vol. 18(1), pages 42-48, Winter.
- Smith, Eldon D. & Deaton, Brady J. & Kelch, David R., 1978. "Location Determinants Of Manufacturing Industry In Rural Areas," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(01), July.
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