Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/2272 
Year of Publication: 
2000
Series/Report no.: 
Kiel Working Paper No. 926
Publisher: 
Kiel Institute of World Economics (IfW), Kiel
Abstract: 
Based on Baumol’s cost-disease model, we develop two alternative measures of the change in the productivity of schooling. Both productivity measures are based on changes in the relative price of schooling. We find that in most OECD countries the price of schooling has increased faster in 1970-94 than would be compatible with constant schooling productivity. In addition, we show that the average performance of pupils has remained constant at best in most OECD countries. Our results imply a larger decline in the productivity of schooling in many OECD countries than in the United States.
JEL: 
I2
Document Type: 
Working Paper

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