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On‐Farm and Off‐Farm Returns to Education among Farm Operators in Northern Ireland AgEcon
Wallace, Michael T.; Jack, Claire G..
This paper estimates returns to education for a sample of farm operators in Northern Ireland. The analysis examines the relationship between education and on-farm and off-farm labour incomes. Human capital earnings functions are estimated to identify the marginal return to education measured as years of schooling as well as the qualification level attained. Extending to a structural model, the methodology controls for the endogeneity of education in the earnings function and potential selection bias associated with off-farm labour market participation. In off-farm employment, the analysis shows that returns to education are of the order of between 6% and 9% for each additional year of schooling. However, on-farm earnings were not found to be significantly...
Tipo: Conference Paper or Presentation Palavras-chave: Human Capital; Time Allocation and Labor Supply; Agricultural Labor Markets; Wage Level; Labor and Human Capital; J24; J22; J43; J31.
Ano: 2011 URL: http://purl.umn.edu/108786
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