| Summary: | 碩士 === 國立暨南國際大學 === 經濟學系 === 91 === The phenomenon of intergenerational transfer and sibling effects on human capital investment are well documented in the literature,, but it is not received enough attention in the domestic studies.. This study demonstrates the mechanism of intergenerational transfer and sibling effects on human capital investment of Taiwanese households. Considering various control variables including gender difference, family background, and residential areas that discussed in past studies, we pioneer the discovery of sibling status effects. Incorporating the concept of Zajonc’s confluence model, we depict that children’s higher educational attainment is correlated to the sibship status.
This study uses “Manpower Utilization Survey” and “Survey of Family Income and Expenditure” datasets in analysis. We define three alternative statuses─enrolled university, college, and otherwise —to construct the decision-making process on human capital investment of aged 18/19 children. By running multinomial logit regression, we are able to capture the comprehensive effects of intergenerational transfer and sibship status.
The empirical results illustrate that intergenerational transfer has significant influence on children’s higher education while the effect diminishes over time. In addition to pure sibling effects, we do find sibship status effects. The pure sibling effects indicate that the existence of old sister would help younger siblings to have higher probability to pursue higher education, and the existence of older brother, younger sister and younger brother would have negative effect in contrary, and all these effects decrease over time. Sibship status effects, however, depicts a negative birth order effect, the oldest child received most human capital investment, and younger children get lesser. As number of child increasing, the negative birth order effect affects the later born child more. The result implies that the larger the sibsize, the more severe the resource competition within the household.
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