Higher education institutions are an essential, endogenous element of economic development and take part in resolving global issues. Their utilitarian role, however, may be greatly limited as a result of improper ways of financing science and didactics. The prevailing mechanism of financing...

Investitionen in Bildung sind für die Wettbewerbsfähigkeit der deutschen Volkswirtschaft von großer Bedeutung. Vor allem frühkindliche Bildungsangebote versprechen eine hohe Rendite - weil Kinder davon noch Jahre später profitieren können und sich beim Lernen neuer Fähigkeiten leichter...

The theory of human capital clearly states that the investments into the education bring many benefits and are worth the cost. The OECD Education at a Glance analysis provides support for both public and private investing in tertiary education as the net present value is positive for all...

The paper provides a review of laws and other actions that have been undertaken in recent years in Argentina to improve education. Review is focused on the Province of Tucumán, where he studied education policy and some of their results. It analyzes the contents of the Federal Education Law No....

This paper investigates the extent of operating cost inefficiencies in the public provision of American higher education. The analysis employs panel data on American research and doctoral granting universities spanning four academic years, 2005-06 through 2008-09. Translog cost frontiers are...

The activity of local government units requires them to constantly deepen the financial knowledge and competence of their employees. This article presents review of current trends in shaping financial knowledge of local government units in Poland. The first part of this paper shows trends...

This paper uses data envelopment analys is to investigate the extent to which universities in the United States have undergone productivity and efficiency changes, partly due to managerial performance, during the 2005-09 academic years. Using panel data for 133 research a nd doctoral...

In the period 2000 - 2006, municipal or public schools reduced its enrollment in 186,000 students (13%) in Chile. Meanwhile, privately subsidized schools, receiving the same type of funding, increased their enrollment in 386,000 students (38%). In this paper we distinguish demand factors,...

Skills are a central source of high productivity and economic well-being. But what do we mean by productive skills? Both with regard to measurement and policy, the primary focus in the U.S. has been on academic skills, as measured by tests of reading, writing and math abilities and by...