IDEAS home Printed from https://ideas.repec.org/a/ags/joaaec/15034.html
   My bibliography  Save this article

Labor Market Incentives To Stay In School

Author

Listed:
  • Stallmann, Judith I.
  • Johnson, Thomas G.
  • Mwachofi, Ari
  • Flora, Jan L.

Abstract

Human capital theory suggests that job opportunities will create incentives for human capital investment. If job information does not flow freely, or if they prefer not to move, students will make investment decisions based upon local job markets. Communities with a high percentage of low-skill jobs which do not reward high school and higher education do not create incentives for students to finish high school or continue beyond high school. Data from Virginia support this hypothesis. Targeted job creation, and improved labor market information may create incentives for increased human capital investment in many rural communities.

Suggested Citation

  • Stallmann, Judith I. & Johnson, Thomas G. & Mwachofi, Ari & Flora, Jan L., 1993. "Labor Market Incentives To Stay In School," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(2), pages 1-13, December.
    • Handle: RePEc:ags:joaaec:15034
    DOI: 10.22004/ag.econ.15034
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/15034/files/25020082.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.15034?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Agriculture and Rural Economy Division, 1991. "Education and Rural Economic Development: Strategies for the 1990's," Staff Reports 278602, United States Department of Agriculture, Economic Research Service.
    2. Smith, Eldon D. & Deaton, Brady J. & Kelch, David R., 1978. "Location Determinants of Manufacturing Industry in Rural Areas," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 10(1), pages 23-32, July.
    3. Rosenzweig, Mark R., 1988. "Human capital, population growth, and economic development: Beyond correlations," Journal of Policy Modeling, Elsevier, vol. 10(1), pages 83-111, April.
    4. Gary S. Becker, 1975. "Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education, Second Edition," NBER Books, National Bureau of Economic Research, Inc, number beck75-1, January.
    5. Brady J. Deaton & Larry C. Morgan & Kurt R. Anschel, 1982. "The Influence of Psychic Costs on Rural-Urban Migration," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(2), pages 177-187.
    6. Kevin T. McNamara & Warren P. Kriesel, 1988. "Manufacturing Location: the Impact of Human Capital Stocks and Flows," The Review of Regional Studies, Southern Regional Science Association, vol. 18(1), pages 42-48, Winter.
    7. Edward F. Denison, 1962. "Education, Economic Growth, and Gaps in Information," NBER Chapters, in: Investment in Human Beings, pages 124-128, National Bureau of Economic Research, Inc.
    8. Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 70(5), pages 1-9.
    9. Edward F. Denison, 1962. "Education, Economic Growth, and Gaps in Information," Journal of Political Economy, University of Chicago Press, vol. 70(5), pages 124-124.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Claude DIEBOLT & Magali JAOUL-GRAMMARE, 2019. "The Cliometric Model of Glutting: An Experimental Analysis," Working Papers of BETA 2019-01, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Magali Jaoul-Grammare, 2007. "Stratégie des étudiants et choix d’orientation: Une analyse expérimentale de l’engorgement," Working Papers 07-06, Association Française de Cliométrie (AFC).
    3. Danielle Christine Rhubart, 2017. "Identifying Associations Between State Medicaid Expansion Decisions and Spatial Disparities in County Insurance Rate Changes Under the Affordable Care Act," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 36(1), pages 109-135, February.
    4. Claude Diebolt & Magali Jaoul-Grammare, 2016. "Cliométrie de l’enseignement supérieur : une analyse expérimentale de la théorie de l’engorgement," Working Papers of BETA 2016-07, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    5. Claude DIEBOLT & Magali JAOUL-GRAMMARE, 2024. "Gendered Study Choice and Prestige of Professions: France in the Long 20th Century," Working Papers 05-24, Association Française de Cliométrie (AFC).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Prof. Dr. Adem KALCA & Resc. Assist. Atakan DURMAZ, 2012. "Diaspora As The Instrument Of Humane Capital," International Journal of Business and Social Research, LAR Center Press, vol. 2(5), pages 94-104, October.
    2. Daren, Conrad, 2007. "Education and Economic Growth: Is There a Link?," MPRA Paper 18176, University Library of Munich, Germany, revised 2009.
    3. Christopher P. P. Shafuda & Utpal Kumar De, 2020. "Government expenditure on human capital and growth in Namibia: a time series analysis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-14, December.
    4. Santos, João & Borges, Afonso S. & Domingos, Tiago, 2021. "Exploring the links between total factor productivity and energy efficiency: Portugal, 1960–2014," Energy Economics, Elsevier, vol. 101(C).
    5. Ntsama, Sabine Nadine Ekamena & Sougouma, Mahamat, 2022. "Does Human Capital Influence Agricultural Production? A Case Study on Cereals Production in the Cemac Zone," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 10(2), April.
    6. Claudia Goldin & Lawrence F. Katz, 2024. "The Incubator of Human Capital: The NBER and the Rise of the Human Capital Paradigm," NBER Chapters, in: The Economic History of American Inequality: New Evidence and Perspectives, National Bureau of Economic Research, Inc.
    7. Conrad, Daren, 2017. "Education's Contribution to Economic Growth," MPRA Paper 77365, University Library of Munich, Germany.
    8. Dimitris Pavlopoulos & Ruud Muffels & Jeroen K. Vermunt, 2009. "Training and Low‐pay Mobility: The Case of the UK and the Netherlands," LABOUR, CEIS, vol. 23(s1), pages 37-59, March.
    9. Oswald, Yvonne & Backes-Gellner, Uschi, 2014. "Learning for a bonus: How financial incentives interact with preferences," Journal of Public Economics, Elsevier, vol. 118(C), pages 52-61.
    10. Anette Boom, "undated". "Firms' Investments in General Training and the Market for Skilled Labour," Papers 013, Departmental Working Papers.
    11. James Liang & Hui Wang & Edward P. Lazear, 2018. "Demographics and Entrepreneurship," Journal of Political Economy, University of Chicago Press, vol. 126(S1), pages 140-196.
    12. Brahim Boudarbat & Claude Montmarquette, 2013. "Origine et sources de la surqualification dans la région métropolitaine de Montréal," CIRANO Project Reports 2013rp-08, CIRANO.
    13. Kodila-Tedika, Oasis & Kyayima-Muteba, Francklin, 2010. "Sources de la Croissance en République Démocratique du Congo d’avant indépendance : Une analyse par la cointégration [Sources of Growth in DRC before Independence : A cointegration analysis]," MPRA Paper 39922, University Library of Munich, Germany.
    14. Jean Luc De Meulemeester & Claude Diebolt, 2004. "The economies of education: unkept promises?," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 47(3-4), pages 303-320.
    15. Lambert, D.M. & Wilcox, M. & English, A. & Stewart, L., 2008. "Ethanol Plant Location Determinants and County Comparative Advantage," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(1), pages 117-135, April.
    16. Antonelli Cristiano & Fassio Claudio, 2012. "Academic knowledge and economic growth: are scientific fields all alike," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201203, University of Turin.
    17. Habibi, Fateh & Zabardast, Mohamad Amjad, 2020. "Digitalization, education and economic growth: A comparative analysis of Middle East and OECD countries," Technology in Society, Elsevier, vol. 63(C).
    18. Edward P. Lazear, 1986. "Incentive Contracts," NBER Working Papers 1917, National Bureau of Economic Research, Inc.
    19. Brzinsky-Fay, Christian, 2010. "The concept of transitional labour markets: A theoretical and methodological inventory," Discussion Papers, Research Unit: Skill Formation and Labor Markets SP I 2010-507, WZB Berlin Social Science Center.
    20. Francisco Goerlich & Ángel Soler, 2013. "Life Potential as a Basic Demographic Indicator," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 110(2), pages 537-548, January.

    More about this item

    Keywords

    Labor and Human Capital;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:joaaec:15034. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.