Showing 1 - 8 of 8
We try to identify which economic factors might be responsible for the large international differences in student performance. We present time series evidence for a number of European countries which suggests that rising educational expenditures obviously did not improve student performance....
Persistent link: https://www.econbiz.de/10011019373
Based on Baumol’s cost-disease model, we develop two alternativemeasures of the change in the productivity of schooling. Bothproductivity measures are based on changes in the relative price ofschooling. We find that in most OECD countries the price of schoolinghas increased faster in 1970-94...
Persistent link: https://www.econbiz.de/10011019405
We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on changes in the relative price of schooling. A rising price of schooling relative to other labor-intensive service sectors should indicate declining relative schooling...
Persistent link: https://www.econbiz.de/10011019507
Persistent link: https://www.econbiz.de/10011019539
The relative roles of factor inputs and productivity are estimated in explaining the level of economic development. For a large sample of countries, it is shown that international differences in factor inputs account for between two thirds and three quarters of international differences in...
Persistent link: https://www.econbiz.de/10011019606
This paper examines determinants of educational performance in the high performing East Asian economies of Hong Kong, Japan, Singapore, South Korea, and Thailand by running within country regressions. The determinants considered include family background, school resources, and institutional...
Persistent link: https://www.econbiz.de/10011019657
We combine the augmented Solow model with the Mincer equation to derive a specification that identifies an education externality within a production function framework. The previous empirical literature has not reached a consensus about the size of the education externality, which is given by...
Persistent link: https://www.econbiz.de/10010897573
Some recent empirical studies deny any direct effect of geography on development and conclude that institutions dominate all other potential determinants of development. An alternative view emphasizes that geographic factors such as disease ecology, as proxied by the prevalence of malaria, may...
Persistent link: https://www.econbiz.de/10010897646