The long-lasting effect of feudal human capital: Insights from Vietnam
Trung Hoang and
Cuong Viet Nguyen
No 1389, GLO Discussion Paper Series from Global Labor Organization (GLO)
Abstract:
This study investigates the long-term effect of the density of the elite - the highest educated - during the period 1075-1919 on today's educational attainment and economic performance in Vietnam. Using nearly 20,000 elites, including 17,061 junior bachelors and bachelors, and 2,895 doctors who passed the imperial examination (1075-1919), and the distance to the nearest examination centers as an instrumental variable, we find that elite density has persistent effects on the present-day educational attainment, income, poverty, and night-time light intensity. The impact of the elite density on schooling years tends to be higher in urban areas than in rural areas. Our findings are robust to a variety of model specifications.
Keywords: Human capital; historical legacy; economic growth; household income (search for similar items in EconPapers)
JEL-codes: E24 I25 N35 O12 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-dev, nep-gro, nep-his, nep-sea, nep-tra and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:glodps:1389
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