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dc.contributor.authorLim, Jamus
dc.date.accessioned2020-09-29T08:42:08Z
dc.date.created2018-05
dc.date.issued2020-09-17
dc.date.submitted2018
dc.identifier.citationLim, Jamus. 2018. Human Capital Destruction and Economic Performance: Quasi-Experimental Evidence From China's Cultural Revolution. Master's thesis, Harvard Extension School.
dc.identifier.urihttps://nrs.harvard.edu/URN-3:HUL.INSTREPOS:37365365*
dc.description.abstractThis thesis examines the effect that human capital exerts on per worker income, using China's Cultural Revolution as a natural experiment. The decade-long Revolution resulted in severe political persecution of millions among the educated class, and disrupted the schooling of millions more. I exploit cross-provincial variation in political casualties to identify the causal effect of lost human capital on incomes, using both two- and three-stage least squares estimators. My baseline estimates suggest that a one percent decline in human capital accumulation results in income reductions in the order of around 7 percent, which rises as the Revolution progresses, before diminishing in the later years. The finding remains robust to a host of robustness checks, including using alternative variable measures, additional controls, changes to the instrument set, the use of growth rather than levels, and falsification exercises. I also find some evidence that the human capital effect is transmitted more at the secondary and tertiary (rather than primary) levels, and on manufacturing and services, rather than agriculture.
dc.description.sponsorshipHistory
dc.format.mimetypeapplication/pdf
dash.licenseLAA
dc.subjectCultural Revolution
dc.subjecthuman capital
dc.subjectnatural experiment
dc.subjectpolitical persecution
dc.titleHuman Capital Destruction and Economic Performance: Quasi-Experimental Evidence From China's Cultural Revolution
dc.typeThesis or Dissertation
dash.depositing.authorLim, Jamus
dc.date.available2020-09-29T08:42:08Z
thesis.degree.date2018
thesis.degree.grantorHarvard Extension School
thesis.degree.grantorHarvard Extension School
thesis.degree.levelMasters
thesis.degree.levelMasters
thesis.degree.nameALM
thesis.degree.nameALM
dc.contributor.committeeMemberBarrera-Osorio, Felipe
dc.contributor.committeeMemberOstrowski, Don
dc.type.materialtext
thesis.degree.departmentHistory
thesis.degree.departmentHistory
dash.identifier.vireo
dash.author.emailjamus@internationaleconomics.net


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