Journal of Economic Perspectives
ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)
Health and Schooling Investments in Africa
Journal of Economic Perspectives
vol. 13,
no. 3, Summer 1999
(pp. 67–88)
(Complimentary)
Abstract
Intercountry comparisons show Africa's health and education falls short of other regions, controlling for income, women's educations, and urbanization, but growth regressions do not clarify whether this low human capital caused slow growth. Microeconometric estimates of wage returns to schooling and health indicate relatively attractive private returns in several sub-Saharan countries, although data are severely limited. Biases due to household heterogeneity and selection into the sample of wage earners do not appear to alter these assessments that the quantity and quality of human capital investments will affect future economic growth in Africa and its more equitable distribution.Citation
Schultz, T, Paul. 1999. "Health and Schooling Investments in Africa." Journal of Economic Perspectives, 13 (3): 67–88. DOI: 10.1257/jep.13.3.67JEL Classification
- O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration
- J24 Human Capital; Skills; Occupational Choice; Labor Productivity
- I21 Analysis of Education
- H51 National Government Expenditures and Health
- H52 National Government Expenditures and Education
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