On‐Farm and Off‐Farm Returns to Education among Farm Operators in Northern Ireland

Michael T. Wallace and Claire G. Jack

No 108786, 85th Annual Conference, April 18-20, 2011, Warwick University, Coventry, UK from Agricultural Economics Society

Abstract: This paper estimates returns to education for a sample of farm operators in Northern Ireland. The analysis examines the relationship between education and on-farm and off-farm labour incomes. Human capital earnings functions are estimated to identify the marginal return to education measured as years of schooling as well as the qualification level attained. Extending to a structural model, the methodology controls for the endogeneity of education in the earnings function and potential selection bias associated with off-farm labour market participation. In off-farm employment, the analysis shows that returns to education are of the order of between 6% and 9% for each additional year of schooling. However, on-farm earnings were not found to be significantly related to years of education, although the analysis does identify a significant on-farm return to an agricultural qualification

Keywords: Labor; and; Human; Capital (search for similar items in EconPapers)
Pages: 22
Date: 2011-04
New Economics Papers: this item is included in nep-agr, nep-edu, nep-hrm, nep-lab and nep-lma
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aesc11:108786

DOI: 10.22004/ag.econ.108786

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