The role of investment in the cognitive ability production function : evidence from Colombia, Chile, and Peru

We analyze the role of parental investments on time and parental investments on goods and services on the accumulation of children¿s cognitive skills in Colombia, Chile and Peru. Unlike various related studies, we control for endogeneity biases using a quasi-structural methodology. We can correct fo...

Full description

Autores:
Martínez Heredia, Diana Jimena
Tipo de recurso:
Work document
Fecha de publicación:
2017
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
spa
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/8693
Acceso en línea:
http://hdl.handle.net/1992/8693
Palabra clave:
Primera infancia
Desarrollo cognitivo
Influencia parental
Niños - Aspectos psicológicos - América Latina - Estudio de casos
Desarrollo cognoscitivo - Aspectos sociales - América Latina - Estudio de casos
Padres e hijos - Aspectos sociales - América Latina - Estudio de casos
C51, J13, J24
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary:We analyze the role of parental investments on time and parental investments on goods and services on the accumulation of children¿s cognitive skills in Colombia, Chile and Peru. Unlike various related studies, we control for endogeneity biases using a quasi-structural methodology. We can correct for measurement error in investments and endogeneity caused by unobserved child characteristics. We find that parental time investments are more effective in increasing cognitive abilities than investments on goods and services. Additionally, educated mothers invest more on their children. Finally, we confirm the self-productivity evidence foundin related studies.