Aronsson, Thomas; Lofgren, Karl-Gustaf; Marklund, Per-Olov - In: Review of Income and Wealth 45 (1999) 4, pp. 535-42
The main purpose of this paper is to relate the empirical attempt of measuring output from the education sector to theoretical results about the welfare significance of an extended net national product (NNP) measure. We show that economic theory provides a more focused way of interpreting such...
