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Human Capital Development and Parental Investment in India

机译:人力资本开发和父母投资在印度

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摘要

In this paper we estimate production functions for cognition and health throughout four stages of childhood from 5-15 years of age using two cohorts of children drawn from the Young Lives Survey for India. The inputs into the production function include parental background, prior child cognition and health and child investments. We allow investments to be endogenous and they depend on local prices and household income, as well as on the exogenous determinants of cognition and health. We find that investments are very important determinants of child cognition and of health at an earlier age. We also find that inputs are complementary and crucially that health is very important in determining cognition. Our paper contributes in understanding how early health outcomes are important in child development.
机译:在本文中,我们使用来自印度年轻生命调查的两个孩子群体,估计了5-15岁年龄段儿童在四个阶段的认知和健康生产功能。生产功能的输入包括父母的背景,先前的孩子认知以及健康和孩子投资。我们允许投资是内生的,它们取决于当地价格和家庭收入,以及认知和健康的外在决定因素。我们发现,投资是儿童认知和早期健康状况的重要决定因素。我们还发现,输入是互补的,并且至关重要的是,健康对于确定认知非常重要。我们的论文有助于理解早期健康状况对儿童发育的重要性。

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