The Returns from Schooling in a Diversified Rural Economy
Posted: 25 Jul 2000
Controlling for the endogeneity of activity choice and considering both household-head and family schooling, we find evidence of high returns from schooling in both crop and noncrop activities. As schooling levels increase, the returns from schooling shift away from crop production. Failure to control for activity selection and family schooling is likely to result in biased estimates of the returns from schooling in individual activities.
JEL Classification: J24
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