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Human Capital Development and Parental Investment in India

Attanasio, O; Meghir, C; Nix, E; (2020) Human Capital Development and Parental Investment in India. The Review of Economic Studies , Article rdaa026. 10.1093/restud/rdaa026. (In press). Green open access

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Abstract

We estimate production functions for cognition and health for children aged 1-12 in India, based on the Young Lives Survey. India has over 70 million children aged 0-5 who are at risk of developmental deficits. The inputs into the production functions include parental background, prior child cognition and health, and child investments, which are taken as endogenous. Estimation is based on a nonlinear factor model, based on multiple measurements for both inputs and child outcomes. Our results show an important effect of early health on child cognitive development, which then becomes persistent. Parental investments affect cognitive development at all ages, but more so for younger children. Investments also have an impact on health at early ages only.

Type: Article
Title: Human Capital Development and Parental Investment in India
Open access status: An open access version is available from UCL Discovery
DOI: 10.1093/restud/rdaa026
Publisher version: https://doi.org/10.1093/restud/rdaa026
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.
UCL classification: UCL
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/10081380
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