Government Expenditures on Education, Fertility Rate, and Child Schooling

Sylvain Dessy ()

Cahiers de recherche from Université Laval - Département d'économique

Abstract: In many developing countries, a modern sector coexists with a traditional, informal, sector often intensive in child labor. In such a setting, when parents care about both the number and wellbeing of offsping, but also attach an economic value to children, there is a positive association between the total fertility rate and child's time allocated to schooling. As a result, Government expenditures on education fail to enhance optimal growth of human capital.

Keywords: Child labor; Human capital; Imperfect substitutability; Modern good; Public Education; Traditional good (search for similar items in EconPapers)
JEL-codes: H42 H52 O38 O40 (search for similar items in EconPapers)
Date: 1998
New Economics Papers: this item is included in nep-pub
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Persistent link: https://EconPapers.repec.org/RePEc:lvl:laeccr:9807

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