Government Expenditures on Education, Fertility Rate, and Child Schooling

In many developing countries, a modern sector coexists with a traditional, informal, sector often intensive in child labor. In such a setting, when parents care about both the number and wellbeing of offsping, but also attach an economic value to children, there is a positive association between the total fertility rate and child's time allocated to schooling. As a result, Government expenditures on education fail to enhance optimal growth of human capital.

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Year of publication:	1998
Authors:	Dessy, Sylvain E.
Institutions:	Département d'Économique, Université Laval
Subject:	Child labor \| Human capital \| Imperfect substitutability \| Modern good \| Public Education \| Traditional good

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Extent:	application/pdf
Series:	Cahiers de recherche.
Type of publication:	Book / Working Paper
Classification:	H42 - Publicly Provided Private Goods ; H52 - Government Expenditures and Education ; O38 - Government Policy ; O40 - Economic Growth and Aggregate Productivity. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005796008