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Educational Policy and Labour Productivity: An Output Accounting Exercise.

Abstract:

Output accounting methods are used to measure the effect of education on labor productivity. Some of the drawbacks of this approach to estimating the contribution of education are overcome by exploiting a "natural experiment" (Kenya and Tanzania are similar in relevant respects except in their policies for secondary education) and by introducing and measuring cognitive skills and reasoning ability as links between education and earnings. The greater quality of education and quantity of second...

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Journal:
Economic Journal
Volume:
97
Publication date:
1987
URN:
uuid:00ca5909-128b-4a30-bc70-88d615ea27e1
Local pid:
oai:economics.ouls.ox.ac.uk:10538
Language:
English

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