Teachers, Growth, and Convergence
This paper examines the role of individual instruction and teacher quality in determining economic growth and convergence across school districts. The model shows that if teacher quality is more important for human capital accumulation than individual instruction, human capital convergence will occur between two school districts. This convergence arises because a poor school district hires relatively better teachers but uses them in larger classes in comparison with a rich school district. The model is estimated on panel data of the states of the United States from 1882 to 1990. The estimates indicate that teacher quality is relatively more important for human capital accumulation than individual instruction. The model accounts for all the mean growth in state per capita incomes and between 80 and 100 percent of convergence in state per capita incomes.
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- Goldin, Claudia, 1998.
"America's Graduation from High School: The Evolution and Spread of Secondary Schooling in the Twentieth Century,"
The Journal of Economic History,
Cambridge University Press, vol. 58(02), pages 345-374, June.
- Goldin, Claudia, 1998. "America's Graduation from High School: The Evolution and Spread of Secondary Schooling in the Twentieth Century," Scholarly Articles 2664307, Harvard University Department of Economics.
- Caroline Minter Hoxby, 1996. "How Teachers' Unions Affect Education Production," The Quarterly Journal of Economics, Oxford University Press, vol. 111(3), pages 671-718.
- Claudia Goldin & Robert A. Margo, 1992. "The Great Compression: The Wage Structure in the United States at Mid-Century," The Quarterly Journal of Economics, Oxford University Press, vol. 107(1), pages 1-34.
- Claudia Goldin & Robert A. Margo, 1991. "The Great Compression: The Wage Structure in the United States at Mid- Century," NBER Working Papers 3817, National Bureau of Economic Research, Inc.
- Robert J. Gordon, 1990. "The Measurement of Durable Goods Prices," NBER Books, National Bureau of Economic Research, Inc, number gord90-1. Full references (including those not matched with items on IDEAS)
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