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Educational Inputs and Outcomes Before the Transition from Communism

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Author Info
Beirne, John
Campos, Nauro F

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Abstract

Conventional wisdom suggests that the stocks of human capital were one of the few positive legacies from communism. However, if factories under communism were so inefficient, why would the education system not have been? Using the education production function approach and new data on educational inputs and outcomes from 1960 to 1989, we find evidence suggesting that the official human capital stocks figures were 'over-estimated' during the communist period. In other words, we find that the official human capital stock numbers are significantly higher than those predicted not only in relation to countries at similar levels of development, but also on the basis of educational systems with comparable features and efficiency levels.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6064.

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Date of creation: Jan 2007
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Handle: RePEc:cpr:ceprdp:6064

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Related research
Keywords: education; human capital; transition economies;

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Find related papers by JEL classification:
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects

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