Are Returns to Investment Lower for the Poor? Human and Physical Capital Interactions in Rural Vietnam

If the marginal gains from investment in physical capital depend positively on knowledge, but a household cannot hire skilled labor to compensate for low skills, then even if it has access to credit, the household will achieve lower returns than an educated household. If, as is common, the income-po...

Full description

Bibliographic Details
Main Author:	van de Walle, Dominique
Format:	Publications & Research
Language:	en_US
Published:	World Bank, Washington, DC 2015
Subjects:	accounting agricultural cooperatives agricultural extension agricultural production agriculture capital markets comparative advantage consumption expenditures crops decentralization demographics development economics development projects economic development economic growth economics elasticities elasticity employment equilibrium equipment expenditures extension extension services farmers farms gender growth theories health care health outcomes housing human capital income incomes increasing returns informal sector insurance labor inputs labor markets labor productivity labor supply livelihoods livestock living standards marginal benefits marginal product marginal products marginal value market failures market mechanism migration new technologies NGOs nutrition oil planned economy policy research poverty line production costs production functions productivity public health rural development safety nets savings social development social services time series total revenue transport variable costs wages water supply wealth investment returns poverty incidence physical capacity educational indicators market reforms inequity agricultural productivity educational equalization credit markets demographic indicators educational level income generation irrigation development
Online Access:	http://hdl.handle.net/10986/21367

Internet

http://hdl.handle.net/10986/21367

Are Returns to Investment Lower for the Poor? Human and Physical Capital Interactions in Rural Vietnam

Internet

Similar Items