School attendance and economic shocks: Evidence from rural Zimbabwe

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dc.contributor.authorOryoie, Ali Rezaen
dc.contributor.authorAlwang, Jeffrey R.en
dc.contributor.departmentAgricultural and Applied Economicsen
dc.coverage.countryZimbabween
dc.date.accessioned2019-01-02T19:49:19Zen
dc.date.available2019-01-02T19:49:19Zen
dc.date.issued2018-07-19en
dc.date.updated2019-01-02T19:49:18Zen
dc.description.abstractUnpredicted shocks such as weather, pests or price changes affect agricultural households negatively or positively. The shocks have two opposite effects (income and substitution) on parents’ investments in the human capital of their children, and it is not predictable from theory whether the income effect or the substitution effect of a shock has a greater impact on the investments. Therefore, it is unknown whether human capital investments (i.e. sending children to school rather than having them work) are procyclical or countercyclical. In this paper we show how hyperinflation may affect investments in the education of children by their parents using three data-sets from Zimbabwe. We find that human capital investments are countercyclical (the substitution effect dominates) in rural areas of Zimbabwe during a shock. Therefore, policymakers in Zimbabwe need to be worried about decreased schooling of children during positive shocks in the rural areas.en
dc.description.notespeerreview_statement: The publishing and review policy for this title is described in its Aims & Scope. aims_and_scope_url: http://www.tandfonline.com/action/journalInformation?show=aimsScope&journalCode=cdsa20en
dc.description.versionSubmitted versionen
dc.format.extentPages 1-12en
dc.format.mimetypeapplication/pdfen
dc.identifier.doihttps://doi.org/10.1080/0376835X.2018.1496814en
dc.identifier.eissn1470-3637en
dc.identifier.issn0376-835Xen
dc.identifier.orcidAlwang, Jeffrey [0000-0002-2950-8516]en
dc.identifier.urihttp://hdl.handle.net/10919/86549en
dc.language.isoenen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subject1402 Applied Economicsen
dc.subjectDevelopment Studiesen
dc.titleSchool attendance and economic shocks: Evidence from rural Zimbabween
dc.title.serialDevelopment Southern Africaen
dc.typeArticleen
dc.type.dcmitypeTexten
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciencesen
pubs.organisational-group/Virginia Techen
pubs.organisational-group/Virginia Tech/All T&R Facultyen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciences/Agricultural & Applied Economicsen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciences/CALS T&R Facultyen

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