Impact of Education on Household Welfare in Nigeria

Human capital development, especially higher educational attainment, attaches high premium to its expected economic benefits, in form of better welfare. This study investigates the effect of educational attainment of household head on two indicators of household welfare, namely labour market earnings and household per capita total expenditure on food and non-food items in Nigeria. The study uses the Double Hurdle (DH) model and Quantile Regression (QR) to address these objectives. The empirical results show that returns to schooling are substantially higher at the tertiary level of education compared with primary, secondary, and postgraduate levels of education in Nigeria. Furthermore, additional years of tertiary education attainment by household heads was found to increase household per capita total expenditure more than additional years of primary, secondary and postgraduate education. The implication of these findings is that the improvements in economic welfare of households in Nigerian is driven more by the attainment of tertiary education by household heads, relative to other levels of education.     

农户金融抑制及其福利损失的计量分析

本文运用biprobit模型和match模型,采用3000个农户的微观数据,计量分析了农户金融抑制的程度及其福利损失的大小。研究发现,农户金融抑制的程度为70.92%;由于金融抑制,所有样本农户平均所损失的纯收入、净经营收入、消费性支出和非土地性资产分别为9.43%、15.43%、15.57%和14.58%,直接受到金融抑制的样本农户平均所损失的纯收入、净经营收入、消费性支出和非土地性资产分别为9.55%、16.83%、16.46%和14.70%;土地面积、教育和医疗费用支出,对农户资金需求具有正的显著影响,金融资产余额对农户资金需求具有负的显著影响,生产性固定资产原值、受教育水平、交通条件和地理位置对农户资金需求的影响不显著;土地面积、受教育程度、地理位置和“关系”对资金供给具有正的显著影响,固定资产总值、交通条件对资金供给的影响不显著。     

THE IMPACT OF BEQUESTS ON LIFETIME WEALTH ACCUMULATION: AN ECONOMETRIC STUDY OF TWO GENERATIONS OF RURAL HOUSEHOLDS IN INDIA

Using retrospective data on bequest receipts and wealth over two generations of rural Indian households, we have estimated the effect of bequest receipts on the lifetime wealth accumulation of recipients. We exploit the availability of data on two generations of the same household by estimating a family fixed effects model that controls for unobserved, intergenerationally-persistent household endowments. Our results suggest an adverse impact of bequest receipts on the wealth accumulation of recipients. This effect is much more negative for the current generation of household heads than for the previous generation, indicating that the disincentive effects associated with bequest receipts have increased substantially over a generation. Such disincentive effects are consistent with the commonly-observed phenomenon of "regression to the mean." The empirical results also show that the positive association between schooling and wealth accumulation has strengthened substantially over the course of a generation, implying rising returns to schooling.     

Evolution of U.S. Household Agency Over Stages of Capitalism

We suggest ways to explore household agency over stages of capitalism as delineated by Hyman Minsky. We make a distinction between households as institutions and going concerns. Furthermore, we delineate two levels of household agency: (i) household going concerns operating through the institution of the household, and (ii) household going concerns operating through other institutions, such as the state and the business enterprise. Those layers of household agency are especially salient in money manager capitalism, where there is an illusionary agency for most households, and where actual agency increases mostly for those households that are able to operate as agents outside of the household institution.     

Public inputs and child schooling in Brazil

Household data from a one percent sample of the 1970 Brazilian census are used to analyze the effect of public inputs, i.e., the ‘supply’ of schooling, on children's school attainment in Brazil. The household data are combined with measures of school availability and quality derived directly from the same census data; the measures are based on the income and education of schoolteachers in each of 169 different areas of the country. Elasticities of demand with respect to these public inputs are estimated; these elasticities are high in both rural and urban areas. In urban areas, the positive effect of public inputs is greater for children from households with poorer and less-educated parents. In rural areas, the positive effect of public inputs is greater, if anything, for children from households that are relatively better off, at least compared to other rural households.     

人力资本在农民增收中的作用分析

笔者采用一个农业大省的农户调查资料,分析了农村人力资本在农民收入增长中的作用。结论表明,家庭劳动力平均受教育年限显著增加农民人均纯收入;有劳动力接受过相关技术培训的家庭,人均纯收入显著高于没有劳动力接受过技术培训的家庭;家庭接受过技术培训的劳动力数量增加可以显著提高农民人均纯收入水平。     

Adding value through the mechanization of post-harvest cassava processing,and its impact on household poverty in north-eastern Zambia

This article investigates the impact of adopting a mechanized cassava processing system on household poverty levels in Zambia. An Foster, Greer and Thorbecke (FGT) poverty measure was used to compare poverty levels among households using a mechanized cassava processing system against those households using a nonmechanized process. Based on the FGT poverty measure’s specifications, a significantly lower poverty status of 49% was found among households using the mechanized process when compared to the 58% found among households using the nonmechanized process. The significant factors contributing to these differences in poverty levels include whether households are using a mechanized process or not, the number of years’ schooling among household members, the number of years’ farming experience, household income and membership of associations. The study concludes that the mechanization of cassava processing, particularly if done on the right scale, can transform primary production activities, in turn leading to higher incomes and reduced poverty levels in rural villages. Thus, policies should be introduced aimed at encouraging the promotion of mechanized post-harvest cassava processing technologies among rural households, so as to enhance crop productivity and household income levels, as well as reduce poverty among rural households.     

Effects of Economic Shocks on Children's Employment and Schooling in Brazil

This paper uses longitudinal employment survey data to analyze the impact of household economic shocks on the schooling and employment transitions of young people in metropolitan Brazil. The paper uses data on over 100,000 children ages 10-16 from Brazil's Monthly Employment Survey (PME) from 1982 to 1999. Taking advantage of the rotating panels in the PME, we compare households in which the male household head becomes unemployed during a four-month period with households in which the head is continuously employed. Probit regressions indicate that an unemployment shock significantly increases the probability that a child enters the labor force, drops out of school, and fails to advance in school. The effects can be large, implying increases of as much as 50% in the probability of entering employment for 16-year-old girls. In contrast, shocks occurring after the school year do not have significant effects, suggesting that these results are not due to unobserved characteristics of households that experience unemployment shocks. The results suggest that some households are not able to absorb short-run economic shocks, with negative consequences for children.     

The Redistributive Effects of a Minimum Wage Increase in New Zealand: A Microsimulation Analysis

This paper examines the potential effects on inequality and poverty of a minimum wage increase, based on a microsimulation model that captures the details of household composition and the income tax and welfare benefit system and allows for labour supply responses. Results suggest that, largely due to the composition of household incomes, a policy of increasing the minimum wage has a relatively small effect on the inequality of income per adult equivalent person, and a money metric utility measure, using several inequality indices. Hence, the minimum wage policy does not appear to be particularly well targeted, largely due to many low wage earners being secondary earners in higher income households, while many low income households have no wage earners at all. These results are reinforced when allowing for wage spillovers further up the wage distribution. Nevertheless, a minimum wage increase can have a more substantial effect on some poverty measures for sole parents in employment.     

Consumer welfare from publicly supplemented private goods: age and income effects on demand for health care

In spite of major advances in the theoretical, positive and normative, literature analysing the welfare implications of public provision of private goods, empirical investigation is often limited to contingent valuation studies, for example, of health care programmes. In this article we argue that when a market for a (subsidised or free of charge) publicly provided good exists, a consumer demand approach can be used to construct a money metric of welfare corresponding to the consumption of public provision. We illustrate this approach in investigating age and income effects on household demand for health care in Cyprus, where free public provision is not universal and those entitled to it often resort to private supplementation. Our findings suggest that the money metric of welfare, which consumers attach to free access to publicly provided health care, varies with age and to a lesser extent with household income.     

中国居民家庭的收入变动及其对长期平等的影响

本文利用“中国经济、人口、营养和健康调查”1 989— 1 997年期间 4期家庭收入和家长特征的模块数据 (paneldata) ,用时间依赖定义收入变动 ,度量了全体家庭和分4种类型的家庭在上世纪 80年末至 90年后半期的收入变动。发现在总体收入分配中 ,高比例持续贫困的发生比较分散 ,并不固定在哪一类型的家庭上。平均而言 ,农村家庭的持续贫困比例稍高。与此相反 ,持续高收入的家庭集中在城市、郊区和城镇 ,农村的富裕家庭变动大 ,收入不稳定。分组家庭之间 ,农村家庭的收入变动最大。分组家庭内部 ,家长为中年和壮年人的家庭人收入景况较好 ,富裕老人家庭能否保持富裕在农村和在其它分组差别很大。总体而言 ,我国居民家庭收入分配的变动在这一时期减慢 ;收入变动在所有4个时期内都有利于分配的平等 ,2 0世纪 90年代中期后在农村和城镇家庭的作用大幅减弱 ,但对改善城市家庭的平等分配作用增强。     

Filial Obligations and Child Labor

The model presented here reproduces the empirical fact that poorer countries show a higher incidence of child labor and time‐intensive care of retired parents, whereas richer countries have negligible child labor and people indulge in money‐intensive care of the old. For that purpose, the effect of social norms of filial obligations on child labor and schooling decisions is analyzed. It is shown that norms of filial obligations are sustainable as an equilibrium in the intergenerational game. Widely discussed contracting problems à la Becker, which allegedly explain underinvestment in schooling by poor households, are thus solved. However, this alone does not induce the elimination of child labor. Technological parameters and relative returns to schooling also play a fundamental role.     

Farmer education and the weather: evidence from Taiwan (1976–1992)

This paper uses farm household and weather data from 1976 to 1992 in Taiwan to measure the role of unusual weather conditions in explaining time and geographical variation of the return to education in farming. Based on a farm household model, we show that the effect of education measured from an income function is both technical and allocative. For a set of schooling variables, this effect is found to increase with adverse weather. It implies that education provides a higher relative advantage—and therefore has a higher economic value—when the environment is more unstable and more difficult to deal with. This gives empirical support to the notion that education improves the capacity to adapt to change and disequilibria, on top of its static technical effects.     

Welfare analysis of tax reforms using household data

This paper discusses a methodology for calculating the distribution of gains and losses from a policy change using data for a large sample of households. Estimates are based on the equivalent income function, which is money metric utility defined over observable variables. This enables calculations to be standardised and a computer program to compute the statistics presented in the paper is available for a general demand system. Equivalent income is related to measures of deadweight loss, and standard errors are computed for each of the welfare measures. An application to U.K. data for 5,895 households is given which simulates a reform that involves eliminating housing subsidies.     

Can Labor Emigration Affect the Education of Girls? Evidence from Tajikistan

This study examines how large-scale, predominantly male emigration affects the education of girls staying in Tajikistan, the poorest post-Soviet state and one of the most remittance-dependent economies in the world. Using data from a three-wave household panel survey conducted in 2007, 2009, and 2011, this study finds that the net effect of migration on girls’ schooling turns from positive to negative with girls’ age. These results lend support to various conceptual channels through which the emigration of household members may affect girls’ education, including the relaxation of budget constraints, a change of the household head, and an increase in household work. At the practical level, the results imply that migration can be detrimental to women’s empowerment and cast doubt on whether emigration is an appropriate long-term development strategy for Tajikistan.     

MEASURING HOUSEHOLD ACTIVITIES: SOME INTERNATIONAL COMPARISONS

This paper focusses on macroeconomic approaches to the measurement of non-market household work or production in industrialised countries. It details the variety of parameters involved, the choice of which depends on the specific aim pursued by authors. A review of different aims pursued, parameters chosen, concepts used, alternative methods applied, and available statistical data is presented and results of evaluations are then compared. The money value of household activities is given in percentage of GNP and comparisons are made within the framework of similar approaches. Under this condition, results are remarkably consistent. At the same time, the paper shows how sensitive results are to the method used; it also puts emphasis on the lack of adequate statistical data which may be held responsible for a gap between the theoretical model of evaluation and its practical implementation. In the present state of knowledge, no definite assertion can be made on the time trend of household work and its money value as percentage of GNP or national income. The paper stresses the importance availability of data on the volume and nature of non-market household output would have for future research on the economic contribution of households in industrialised as well as in developing countries. Such data permitting an output approach to measurement would lead to better understanding of the interrelation between market and household sectors and would therefore improve economic analysis and forecasting. Adequate statistical data could possibly be collected through a process similar to that used for time use data in national surveys.     

Value for money in energy efficiency retrofits in Ireland: grant provider and grant recipients

The Sustainable Energy Authority of Ireland (SEAI) administers the Better Energy Homes scheme to provide a financial incentive for home owners to engage in energy efficiency retrofits. This study analyses data from the scheme and Building Energy Rating data for participants to the scheme to examine the value for money achieved by households. In addition, this research identifies which retrofit combinations provide greatest value for money, in terms of energy efficiency gains, for the grant provider. We utilize an error-in-variables approach to model the variation in benefits accruing to households of varying characteristics. We find that household and grant provider surplus can be maximized in the short term by retrofitting less energy efficient and larger homes, timber or steel frame homes and houses rather and apartments. The types of retrofits leading to the greatest surplus for both household and grant provider include cavity wall insulation paired with either a boiler with heating controls or heating controls only retrofit.     

Gender roles,labour market participation and household income position

In empirical research on labour supply behaviour, variables like age, education or the household's financial situation as well as economic and demographic characteristics, social attitudes and gender role schemes are believed to influence the annual working hours. This paper starts from the assumption that these determinants work differently according to the poverty level of the household in which the individual lives. Using data from the German Socio-Economic Panel (GSOEP), the paper empirically tests this hypothesis for women and men living in households with a disposable income above the poverty line and of those living in poor households. The results of multiple regression analysis show traditional gender role patterns in labour supply decisions, but only for persons in households with an income above the poverty line.     

Does Population Aging Hinder the Accumulation of Human Capital? Evidence from China

There is no consensus on the impact of population aging on education investment. To explore this question, we first build an overlapping generations (OLG) model to theoretically analyze the effect of population aging on human capital investment in China, and then test our theory by conducting an empirical study based on micro household data. We find the following. (1) Theoretically, the OLG model shows that population aging has a crowding-out effect on education investment. (2) Empirically, the results show that the share of education and training expenditures decreases by 5.27 percentage points as the ratio of old people in the household increases by 100 percentage points, which confirms the crowding-out effect of population aging on human capital investment. (3) The crowding-out effect is far more intense on urban households than on rural households since health care expenditures will be greater in urban areas as population aging increases. (4) A quantile regression indicates that the negative effect of population aging on the share of educational expenditure is concentrated in households with higher shares of education expenditures. We confirm the robustness of our results using regional fixed effect and instrumental variable (IV) regressions.     

Parental expectations and school enrolment decisions: Evidence from rural Ghana

We use field data to investigate factors that influence parents' decisions to enrol children in schools in rural Ghana. The empirical results identified a host of socio‐economic and household‐level factors including remittances parents expect from investing in education, parents perception of a child's desirable professions, cost of schooling and discount rate as significant determinants of parental school enrolment decision. When gender of the child and remittances are taken into account, we show male parents are more likely to invest in education of boys than girls because they expect significantly higher returns from their investment in boys. Female parents do not show such gender preference. The proportion of children enrolled in school is positively related to average cost of schooling for male parents Gender of parent plays a significant role in school enrolment decision making.