报告人：张川川

主  题：Short-term Gains, Long-term Loss: Unintended Consequences of China's Land Reform on Education and Labor Market Outcomes

主持人：宋华盛

时间：2020年11月6日 星期五 12:00---13:00

地点：紫金港校区3044永利集团最新链接120报告厅

Abstract：

Studies find that land reform increases investment and household welfare through improving private rights protection. However, the literature overlooks the fact that land reform may decrease human capital investment because of the opportunity cost of time. Exploiting the county-by-county rollout of China's land reform during 1978-1984, we show that land reform significantly decreases the likelihood of completing high school among rural children aged 13-17. Children switch out of school into farm work when the return to farming increase. We find no evidence that land reform decreases human capital investment before age 13. Approximately two decades later, children induced to engage in farm work are less likely to work in the nonagricultural sector and earn less than they would have had they stayed in school longer.