THE IMPACT OF EDUCATION ON AGRICULTURAL PRODUCTIVITY: EVIDENCE FROM EAST ASIAN ECONOMIES
2017
Yir-Hueih Luh
This study presents an efficient version of test for the hypothesis that education plays a keyrole in influencing agricultural productivity based on a switching regression model. In thepresent setting, farmers’ ability to deal with disequilibria is allowed to change with education,which thereby provides a concrete evidence of the effect of education on selected East Asianproduction agriculture. The results suggest that there exists a threshold for education to beinfluential to agricultural productivity change when the selected East-Asian economies arecategoried by their degree of economic development. Moreover, for the group of economieswhere education constitutes a major determinant of productivity growth in both thetechnological progression and/or stagnation/recession regimes, the effect of education isfound to vary from economy to economy and from regime to regime. Generally speaking,however, those East-Asian economies tend to reach their turning point in short time despite ofthe mentioned differences. This result therefore leads to important policy implicationsconcerning giving an impetus to human capital investment in the agriculture sector.
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