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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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    References listed on IDEAS

    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, September.
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    9. 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.
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    JEL classification:

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

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