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School resources and labor market outcomes: Evidence from early twentieth-century Georgia

Richard B. Baker

Economics of Education Review, 2019, vol. 70, issue C, 35-47

Abstract: The relationship between school resources and students’ labor market outcomes has been a topic of debate among economists for the last half-century. The release of the 1940 United States census, the first to ask questions regarding income, allows for a closer examination of this relationship for those born in the early twentieth century. I link children residing in Georgia in 1910 to their responses as adults to the 1940 census and to district-level measures of school revenues. Georgia is attractive as a case study since State School Fund allocation rules provide a plausibly exogenous source of variation in school district revenues. The results suggest that a 10 percentage point increase in school revenues for the first three years of an individual’s schooling increases educational attainment by more than a third of a year and weekly wage earnings in adulthood by 7.14% (e0.0069×10−1) on average for whites.

Keywords: School resources; Educational attainment; Labor market outcomes (search for similar items in EconPapers)
JEL-codes: H75 I20 N32 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:70:y:2019:i:c:p:35-47

DOI: 10.1016/j.econedurev.2019.03.001

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