The decline of schooling productivity in OECD countries
AbstractBased 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.
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Bibliographic InfoPaper provided by University of Munich, Department of Economics in its series Munich Reprints in Economics with number 20451.
Date of creation: 2001
Date of revision:
Publication status: Published in Economic Journal 471 111(2001): pp. C135-C147
Other versions of this item:
- Gundlach, Erich & Wossmann, Ludger & Gmelin, Jens, 2001. "The Decline of Schooling Productivity in OECD Countries," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 111(471), pages C135-47, May.
- Erich Gundlach & Ludger Wößmann & Jens Gmelin, 1999. "The Decline of Schooling Productivity in OECD Countries," Kiel Working Papers 926, Kiel Institute for the World Economy.
- I2 - Health, Education, and Welfare - - Education
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Eric A. Hanushek, 1998. "Conclusions and controversies about the effectiveness of school resources," Economic Policy Review, Federal Reserve Bank of New York, Federal Reserve Bank of New York, issue Mar, pages 11-27.
- Jong-Wha Lee & Robert J. Barro, 1997.
"Schooling Quality in a Cross Section of Countries,"
NBER Working Papers
6198, National Bureau of Economic Research, Inc.
- Lee, Jong-Wha & Barro, Robert J, 2001. "Schooling Quality in a Cross-Section of Countries," Economica, London School of Economics and Political Science, London School of Economics and Political Science, vol. 68(272), pages 465-88, November.
- Lee, J.-W. & Barro, R.J., 1998. "Schooling Quality in a Cross Section of Countries," Papers, Harvard - Institute for International Development 659, Harvard - Institute for International Development.
- Eric A. Hanushek & Dongwook Kim, 1995. "Schooling, Labor Force Quality, and Economic Growth," NBER Working Papers 5399, National Bureau of Economic Research, Inc.
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