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

Author

Listed:
  • Orazio Attanasio

    (University College London & Institute for Fiscal Studies)

  • Sarah Cattan

    (Institute for Fiscal Studies)

  • Emla Fitzsimons

    (UCL Institute of Education & Institute for Fiscal Studies)

  • Costas Meghir

    (Cowles Foundation, Yale University)

  • Marta Rubio-Codina

    (Institute for Fiscal Studies & 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

  • Orazio Attanasio & Sarah Cattan & Emla Fitzsimons & Costas Meghir & Marta Rubio-Codina, 2015. "Estimating the Production Function for Human Capital: Results from a Randomized Control Trial in Colombia," Cowles Foundation Discussion Papers 1987, Cowles Foundation for Research in Economics, Yale University.
    • Handle: RePEc:cwl:cwldpp:1987
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Early childhood development; Human capital; Poverty alleviation; Nonlinear factor models;
    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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