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100 _aAdukia, Anjali
_918430
245 _aEducational investment responses to economic opportunity: Evidence from Indian road construction
260 _bAmerican Economic Journal: Applied Economics
300 _a12(1), Jan, 2020: p.348-376.
520 _aThe rural poor in developing countries, once economically isolated, are increasingly being connected to outside markets. Whether these new connections crowd out or encourage educational investment is a central question. We examine the effects on educational choices of 115,000 new roads built under India's flagship road construction program. We find that children stay in school longer and perform better on standardized exams. Heterogeneity in treatment effects supports a standard human capital investment model: enrollment increases most when nearby labor markets offer high returns to education and least when they imply high opportunity costs of schooling.
700 _aAsher, Sam
_916876
700 _aNovosad, Paul
_916877
773 _aAmerican Economic Journal: Applied Economics
906 _aRoad engineering - India
942 _2ddc
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