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Iowa State University

Series

Business

2000

Articles 1 - 1 of 1

Full-Text Articles in Education

Human Capital, Education, And Agriculture, Wallace E. Huffman Sep 2000

Human Capital, Education, And Agriculture, Wallace E. Huffman

Economic Staff Paper Series

Education is widely recognized as the most important form of human capital, and health as the second most important form. The primary focus is on schooling where private and social real rates of return remain high in low and middle income countries for elementary and secondary schooling. The paper reviews broad effects of education in agriculture, and examines some of the prospects and potential for thefuture. Conclusions include: (i) schooling cannot be viewed as unconditionally productive in agriculture. It s impact is conditioned by the price and technology environment and options for off-farm work and migration, (ii) With rapid advances ...