The rural human capital refers to the condensation of the physical body, knowledge, skills, and all the abilities that can improve the capacity of the rural labor productivity. The ability is a form of human capital s...The rural human capital refers to the condensation of the physical body, knowledge, skills, and all the abilities that can improve the capacity of the rural labor productivity. The ability is a form of human capital stock and it plays an important role in China＇s development of rural economy and society, but at present the situation of investment in human capital in rural areas is not optimistic. A lot of problems need to be solved such as the inadequate total investment and the irrational structure, as to these issues, strategies and recommendations were proposed in order to strengthen the human capital investment.展开更多
The Chinese labor market has transitioned from a dual labor market to a neoclassical labor market. With wages increasing for skilled workers, the impact on schooling must be considered by policy-makers. Taking advanta...The Chinese labor market has transitioned from a dual labor market to a neoclassical labor market. With wages increasing for skilled workers, the impact on schooling must be considered by policy-makers. Taking advantage of national representative data for 2005 and 2010, the present paper examines the hypothesis that increasing opportunity costs reduce children＇s schooling. The empirical result is of particular relevance to poor areas, where people tend to have high discount rates and place more value on real time income. Although the total public investment in education has been increasing, our findings suggest that targeting relevant regions and compensating opportunity costs will improve the efficiency of education investments.展开更多
基金Supported by Heilongjiang Province Social Sciences Fund Project (08E016)Natural Science Foundation of Heilongjiang (G201029)
文摘The rural human capital refers to the condensation of the physical body, knowledge, skills, and all the abilities that can improve the capacity of the rural labor productivity. The ability is a form of human capital stock and it plays an important role in China＇s development of rural economy and society, but at present the situation of investment in human capital in rural areas is not optimistic. A lot of problems need to be solved such as the inadequate total investment and the irrational structure, as to these issues, strategies and recommendations were proposed in order to strengthen the human capital investment.
基金financial support from the Asian Development Bankthe China National Science Foundation(Grant No.71173234)the Chinese Academy of Social Sciences
文摘The Chinese labor market has transitioned from a dual labor market to a neoclassical labor market. With wages increasing for skilled workers, the impact on schooling must be considered by policy-makers. Taking advantage of national representative data for 2005 and 2010, the present paper examines the hypothesis that increasing opportunity costs reduce children＇s schooling. The empirical result is of particular relevance to poor areas, where people tend to have high discount rates and place more value on real time income. Although the total public investment in education has been increasing, our findings suggest that targeting relevant regions and compensating opportunity costs will improve the efficiency of education investments.
