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Estimating the Production Function for Human Capital: Results from a Randomized Controlled Trial in Colombia

Attanasio, O; Cattan, S; Fitzsimons, E; Meghir, C; (2020) Estimating the Production Function for Human Capital: Results from a Randomized Controlled Trial in Colombia. American Economic Review , 110 (1) pp. 48-85. 10.1257/aer.20150183. Green open access

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Abstract

We examine the channels through which a randomized early childhood intervention in Colombia led to significant gains in cognitive and socio-emotional skills among a sample of disadvantaged children aged 12 to 24 months at baseline. We estimate the determinants of material and time investments in these children and evaluate the impact of the treatment on such investments. We then estimate the production functions for cognitive and socio-emotional skills. The effects of the program can be explained by increases in parental investments, which have strong effects on outcomes and are complementary to both maternal skills and child’s baseline skills.

Type: Article
Title: Estimating the Production Function for Human Capital: Results from a Randomized Controlled Trial in Colombia
Open access status: An open access version is available from UCL Discovery
DOI: 10.1257/aer.20150183
Publisher version: https://doi.org/10.1257/aer.20150183
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Early Childhood Development, Human Capital, Poverty Alleviation, Nonlinear Factor Models
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > School of Education
UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education
UCL > Provost and Vice Provost Offices > School of Education > UCL Institute of Education > IOE - Social Research Institute
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery.ucl.ac.uk/id/eprint/10079905
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