Returns to Education, Child Labor, & Schooling in India

Development and Comp Systems from EconWPA

Abstract: In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence that children's participation in child labor and schooling responds to economic returns to education in India, which suggests implementing policies that raise the economic benefits of education - such as creating more high-skilled jobs and improving the quality of education - in order to lower child labor and increase schooling.

Keywords: Child Labor; Education; Returns to Education; Skill Premium; India (search for similar items in EconPapers)
JEL-codes: I20 J24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev and nep-edu
Date: Written 2004-10-05
Note: Type of Document - pdf; pages: 57
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