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Journal of Globalization and Development

Ed. by Stiglitz, Joseph / Emran, M. Shahe / Guzman, Martin / Jayadev, Arjun / Ocampo, José Antonio / Rodrik, Dani

CiteScore 2018: 0.50

SCImago Journal Rank (SJR) 2018: 0.129
Source Normalized Impact per Paper (SNIP) 2018: 0.844

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How Does Credit Access Affect Children's Time Allocation?: Evidence from Rural India

Nobuhiko Fuwa / Seiro Ito / Kensuke Kubo / Takashi Kurosaki / Yasuyuki Sawada
Published Online: 2012-06-28 | DOI: https://doi.org/10.1515/1948-1837.1095


Using a unique dataset obtained from rural Andhra Pradesh, India that contains direct observations of household access to credit and detailed time use, results of this study indicate that credit market failures result in a substantial reallocation of time use pattern by children, leading to a significant increase in remunerative work and a similarly significant decrease in leisure time. While the direct impact on schooling time per se does not appear to be large, longer work and shorter leisure could arguably constrain effective learning opportunities of children, hampering human capital formation.

Keywords: child labor; schooling; credit constraint; household models; rural India

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Published Online: 2012-06-28

Citation Information: Journal of Globalization and Development, Volume 3, Issue 1, ISSN (Online) 1948-1837, DOI: https://doi.org/10.1515/1948-1837.1095.

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