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

Author

Listed:
  • Costas Meghir

    (Economics Deptartment, Yale University)

  • Orazio Attanasio

    (University College London)

  • Sarah Cattan

    (Institute for Fiscal Studies)

  • Emla Fitzsimons

    (UCL Institute of Education and Institute for Fiscal Studies)

  • Marta Rubio-Codina

    (Institute for Fiscal Studies and Inter-American Development Bank)

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. We estimate production functions for cognitive and socio-emotional skills as a function of maternal skills and child's past skills, as well as material and time investments that are treated as endogenous. The effects of the program can be fully explained by increases in parental investments, which have strong effects on outcomes and are complementary to both maternal skills and child's past skills.

Suggested Citation

  • Costas Meghir & Orazio Attanasio & Sarah Cattan & Emla Fitzsimons & Marta Rubio-Codina, 2015. "Estimating the Production Function for Human Capital: Results from a Randomized Control Trial in Colombia," Working Papers 1046, Economic Growth Center, Yale University.
    • Handle: RePEc:egc:wpaper:1046
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    More about this item

    Keywords

    human capital; early childhood development; poverty alleviation;
    All these keywords.

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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