The Effects of Household Early Literacy and Music Exposure on Human Capital Development: Evidence from New Zealand
Psych and Cog
Enhanced human capital leads to increased employment opportunities, higher standards of living, and economic growth. Early music and literacy in the household result in improved knowledge and skills acquisition, pointing to the role they play in human capital development. We will analyse the Growing Up in New Zealand dataset for children from before birth to five years of age using an econometric model incorporating behavioural, environmental, and socioeconomic factors to determine their role in child development outcomes. Our results have implications for education policy makers and the development of early literacy and music programs that can generate long-lasting positive outcomes for children.