Disease or Utopia? Testing Baumol in Education

Baumol's Cost Disease offers a compelling hypothesis of rising unit costs in stagnant sectors, but increased productivity in progressive sectors may generate the same prediction through income effects. We examine quantity (rather than expenditure) data from the U.S. educational sector to distinguish between these explanations. Our results indicate significant negative impacts of manufacturing productivity on teacher-pupil ratios

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Year of publication:	2013
Authors:	Chen, Xin ; Moul, Charles C.
Publisher:	[S.l.] : SSRN

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Extent:	1 Online-Ressource (8 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 25, 2013 erstellt
Other identifiers:	10.2139/ssrn.2285006 [DOI]
Classification:	I20 - Education. General ; O40 - Economic Growth and Aggregate Productivity. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014156393