Gundlach, Erich; Wößmann, Ludger; Gmelin, Jens (2001): The decline of schooling productivity in OECD countries. In: Economic Journal, Vol. 111, No. 471: C135-C147 |
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Abstract
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 than would be compatible with constantschooling productivity. In addition, we show that the averageperformance of pupils has remained constant at best in most OECDcountries. Our results imply a larger decline in the productivity ofschooling in many OECD countries than in the United States.
Item Type: | Journal article |
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Faculties: | Economics Economics > Chairs > CESifo-Professorship for Empirical Innovation Economics |
Subjects: | 300 Social sciences > 330 Economics |
Language: | English |
ID Code: | 20451 |
Deposited On: | 15. Apr 2014 08:59 |
Last Modified: | 29. Apr 2016 09:17 |
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The decline of schooling productivity in OECD countries. (deposited 15. Apr 2014 08:59)
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