This paper argues that the value added score published for all publicly funded secondary schools in England is an unreliable indicator of school performance. A substantial proportion of the between-school variation in the value added score is accounted for by factors outside of the school's...

A multinomial logit model is estimated to investigate the destination of students one-year after graduating from high school. The appropriate specification of the choice set available to high school leavers is as follows: private four-year college, public four-year college, private two-year...

We investigate the determinants of high school students academic attainment in maths, reading and science; focusing particularly on possible effects that ethnicity and family background may have on attainment. Using data from the NELS2000 and employing quantile regression techniques, we find two...

Innovation has long been considered an important factor for creating and maintaining the competitiveness of nations and firms. Common knowledge stands that innovation is the cause of the increase of exports. However, contradicting empirical evidences are reported in the literature on the...

We study the impact of social capital in both simple theoretical and empirical model with the main assumption is the price of physical capital is a decreasing function of social capital. In our theoretical model, there exists a critical value such that firm will not invest in social capital if...