School Resources and the Quality of Education: Is there a link?
AbstractThe aim of this paper is to verify whether school resource factors have an impact on the quality of education. This latter is measured with the help of a unique database on student scores in international skills tests. The general difficulties inherent in this type of study are the possibility of endogeneity bias and measurement errors. After estimation bias correction, we show that improvement in the quality of educational systems does not necessarily require an increase in school resources. When an alternative indicator of the performance of educational systems is used, our results are confirmed. Consequently, one should remain cautious about recommending purely financial measures to improve quality of education.
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Bibliographic InfoPaper provided by Association Française de Cliométrie (AFC) in its series Working Papers with number 08-01.
Length: 33 pages
Date of creation: 2008
Date of revision:
Quality of education; School performance; School resources;
Find related papers by JEL classification:
- H5 - Public Economics - - National Government Expenditures and Related Policies
- I2 - Health, Education, and Welfare - - Education
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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- Luis Fernando Gamboa & Mauricio Rodríguez-Acosta & Andrés Felipe García-Suaza, 2010. "Academic achievement in sciences: the role of preferences and educative assets," DOCUMENTOS DE TRABAJO 006701, UNIVERSIDAD DEL ROSARIO.
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