New evidence confirms the conclusion of former surveys that the link between school resources and student performance is generally missing in educational production. While the conventional within-country cross-section evidence remains controversial, recent contributions which control for...

Based on Baumol’s cost-disease model, we develop two alternative measures of the change in the productivity of schooling. Both productivity measures are based on changes in the relative price of schooling. We find that in most OECD countries the price of schooling has increased faster in...