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Human Capital, Education, and Agriculture

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  • Huffman, Wallace E.

Abstract

Education is widely recognized as the most important form of human capital, and health as the second most important form. The primary focus is on schooling where private and social real rates of return remain high in low and middle income countries for elementary and secondary schooling. The paper reviews broad effects of education in agriculture, and examines some of the prospects and potential for thefuture. Conclusions include: (i) schooling cannot be viewed as unconditionally productive in agriculture. It s impact is conditioned by the price and technology environment and options for off-farm work and migration, (ii) With rapid advances and fall prices of communication and information technologies, farm people of the future will need strong basic schooling to adopt and usethese technologies so as to participate successfully in the new global information system of the 21" century. The structure of agriculture seems likely to change dramatically during the first 25 years, and a new set of adjustments for farm families can be expected.
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Suggested Citation

  • Huffman, Wallace E., 2001. "Human Capital, Education, and Agriculture," Staff General Research Papers Archive 5329, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:5329
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    as
    1. Wallace E. Huffman & Richard E. Just, 1999. "The organization of agricultural research in western developed countries," Agricultural Economics, International Association of Agricultural Economists, vol. 21(1), pages 1-18, August.
    2. Huffman, Wallace E., 2001. "Human capital: Education and agriculture," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 7, pages 333-381, Elsevier.
    3. Cornes,Richard & Sandler,Todd, 1996. "The Theory of Externalities, Public Goods, and Club Goods," Cambridge Books, Cambridge University Press, number 9780521477185, October.
    4. James Heckman, 2011. "Policies to foster human capital," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 3, pages 73-137.
    5. Huffman, Wallace E., 1996. "Labor Markets, Human Capital, and the Human Agent's Share of Production," Staff General Research Papers Archive 5391, Iowa State University, Department of Economics.
    6. Robert Gibbons, 1998. "Incentives in Organizations," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 115-132, Fall.
    7. Kanbur, Ravi & Sandler, Todd & Morrison, Kevin, 1999. "The Future of Development Assistance: Common Pools and International Public Goods," Staff General Research Papers Archive 1629, Iowa State University, Department of Economics.
    8. Huffman, Wallace E. & Evenson, Robert E., 1993. "Science for Agriculture: A Long Term Perspective," Staff General Research Papers Archive 10997, Iowa State University, Department of Economics.
    9. Robert D. Emerson, 1989. "Migratory Labor and Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(3), pages 617-629.
    10. Welch, F, 1970. "Education in Production," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 35-59, Jan.-Feb..
    11. Psacharopoulos, George, 1994. "Returns to investment in education: A global update," World Development, Elsevier, vol. 22(9), pages 1325-1343, September.
    12. Hussain, S. Sajidin & Byerlee, Derek R., 1995. "Education and Farm Productivity in Post- 'green revolution' Agriculture in Asia," 1994 Conference, August 22-29, 1994, Harare, Zimbabwe 183412, International Association of Agricultural Economists.
    13. D. Gale Johnson, 2000. "Population, Food, and Knowledge," American Economic Review, American Economic Association, vol. 90(1), pages 1-14, March.
    14. Wozniak, Gregory D, 1993. "Joint Information Acquisition and New Technology Adoption: Late versus Early Adoption," The Review of Economics and Statistics, MIT Press, vol. 75(3), pages 438-445, August.
    15. Huffman, Wallace E., 1991. "Agricultural Household Models: Survey and Critique," Staff General Research Papers Archive 11008, Iowa State University, Department of Economics.
    16. Wallace E. Huffman, 1985. "Human Capital, Adaptive Ability, and the Distributional Implications of Agricultural Policy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(2), pages 429-434.
    17. Singh, Inderjit & Squire, Lyn & Strauss, John, 1986. "A Survey of Agricultural Household Models: Recent Findings and Policy Implications," The World Bank Economic Review, World Bank, vol. 1(1), pages 149-179, September.
    18. Schultz, Theodore W, 1975. "The Value of the Ability to Deal with Disequilibria," Journal of Economic Literature, American Economic Association, vol. 13(3), pages 827-846, September.
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    20. Zvi Griliches, 1963. "The Sources of Measured Productivity Growth: United States Agriculture, 1940-60," Journal of Political Economy, University of Chicago Press, vol. 71(4), pages 331-331.
    21. Huffman, Wallace E., 1998. "Modernizing Agriculture: A Continuing Process," ISU General Staff Papers 199801010800001362, Iowa State University, Department of Economics.
    22. Huffman, Wallace E., 1991. "Human Capital for Future Economic Growth," Staff General Research Papers Archive 11007, Iowa State University, Department of Economics.
    23. World Bank & Asian Development Bank & United Nations Development Program, 2000. "Vietnam 2010 : Entering the 21st Century," World Bank Publications - Reports 14977, The World Bank Group.
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    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

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