Human Capital and Rural Residents’ Poverty Dynamic Changes
Yangyang Shen ()
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Yangyang Shen: Beijing Normal University
Chapter Chapter 7 in Rural Poverty, Growth, and Inequality in China, 2022, pp 165-183 from Springer
Abstract:
Abstract The lack of human capital is one of the root causes for the high poverty headcount ratio in developing countries and also one of the critical reasons for the formation of “poverty trap”. Education, as an essential element of human capital, plays an important role in getting rural households out of poverty. Under-education results in low-level human capital, indicating that the poor can only engage in simple work and low-income work. It is detrimental to agricultural production and labor transfer. In addition, education is not only related to the employment and poverty alleviation of this generation but also related to the poverty alleviation of the next generation. It was found that the poorer the rural households, the lower the average education years have, as the poor rural households always have difficulty in paying relatively high education and training costs. It is quite possible that the children of poor rural households will remain poor in the future due to a lack of education, resulting in the intergenerational transmission of poverty.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-9655-8_7
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DOI: 10.1007/978-981-16-9655-8_7
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