THE RETURNS TO ENDOGENOUS HUMAN CAPITAL IN PAKISTAN'S RURAL WAGE LABOUR MARKET
| Autor: | Richard Sabot, Harold Alderman, David R. Ross, Jere R. Behrman |
|---|---|
| Rok vydání: | 2009 |
| Předmět: |
Statistics and Probability
Economics and Econometrics Labour economics media_common.quotation_subject Wage Fixed capital Human capital Physical capital Financial capital Capital deepening Capital employed Economics Capital intensity Statistics Probability and Uncertainty health care economics and organizations Social Sciences (miscellaneous) media_common |
| Zdroj: | Oxford Bulletin of Economics and Statistics. 58:29-55 |
| ISSN: | 0305-9049 |
| DOI: | 10.1111/j.1468-0084.1996.mp58001003.x |
| Popis: | This paper estimates the private returns to human capital in Pakistani rural labour markets. The rich data used permit inclusion of several dimensions of human capital and control for endogeneity resulting from investment in human capital. The results suggest that, without data on determinants of human capital, it would not be possible to disentangle the separate effect of each dimension of human capital on wage differentials nor to distinguish human capital explanations for wage differentials from signalling and credentialist models. With control for endogeneity of human capital and selectivity into wage employment, cognitive achievement, but not schooling attainment separate from cognitive achievement nor long-run health status, affects wage differentials. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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