Journal
ECONOMICS OF EDUCATION REVIEW
Volume 26, Issue 4, Pages 463-472Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.econedurev.2006.02.006
Keywords
human capital; educational economics
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Recent economic research has investigated the extent to which involvement in school-sponsored clubs and sports constitutes human capital investment. Through instrumental variables, the existing literature focuses on identifying long-term impacts in terms of educational attainment and wages. Instead, I use a fixed effects strategy to test whether activity participation provides an immediate return to student learning. Independent of individual ability, I find that athletic participation is associated with a 2 percent increase in math and science test scores. Club participation is associated with a 1 percent increase in math test scores. Finally, involvement in either type of activity is associated with a 5 percent increase in Bachelor's degree attainment expectations. (c) 2006 Elsevier Ltd. All rights reserved.
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