Social Capital and Human Capital in the Colonies: A Study of Cocoa Farmers in Western Nigeria
I examine the relationship between social and human capital in colonial Western Nigeria. Using data on expenditure of cocoa farmers in 1952, I show that farmers in townships with higher social spending individually spend more on education. The relationship holds after controlling for various characteristics of the farmers and the townships. Thus I show that there is a relationship between social and human capital and that this relationship was already present during the colonial era.
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