The Contribution Of Education To Economic Productivity

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Education, Skills, and Technical Change

Author : Charles R. Hulten
Publisher : University of Chicago Press
ISBN 13 : 022656794X
Total Pages : 528 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis Education, Skills, and Technical Change by : Charles R. Hulten

Download or read book Education, Skills, and Technical Change written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2019-01-11 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past few decades, US business and industry have been transformed by the advances and redundancies produced by the knowledge economy. The workplace has changed, and much of the work differs from that performed by previous generations. Can human capital accumulation in the United States keep pace with the evolving demands placed on it, and how can the workforce of tomorrow acquire the skills and competencies that are most in demand? Education, Skills, and Technical Change explores various facets of these questions and provides an overview of educational attainment in the United States and the channels through which labor force skills and education affect GDP growth. Contributors to this volume focus on a range of educational and training institutions and bring new data to bear on how we understand the role of college and vocational education and the size and nature of the skills gap. This work links a range of research areas—such as growth accounting, skill development, higher education, and immigration—and also examines how well students are being prepared for the current and future world of work.

Smart Money

Author : William Schweke
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Smart Money by : William Schweke

Download or read book Smart Money written by William Schweke and published by . This book was released on 2004 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Contribution of Education to Economic Productivity

Author : Wynn De Bevoise
Publisher : ERIC Clearinghouse on Assessment & Evaluation
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Contribution of Education to Economic Productivity by : Wynn De Bevoise

Download or read book The Contribution of Education to Economic Productivity written by Wynn De Bevoise and published by ERIC Clearinghouse on Assessment & Evaluation. This book was released on 1983 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to traditional measures, the productivity of the American worker has declined. If education's contribution to economic productivity is to be imprortant in this decade, the measures need better definition. Technology has affected our perception of how much education is required to keep pace with growth. Those who believe there is a shortage of job-specific skills want more vocational education in the schools; others, who see vocational education as a way of narrowing student competencies and lowering expectations, stress that schools' first priority should be the teaching of a core of skills. In the 1980's there has been an increase of workers holding jobs for which they are overeducated. Gains in educational equity have not produced economic equity, making the problem a concern of the workplace, not the classroom. It is evident that productivity increases as workers participate in decision-making at work. It is also becoming more apparent that the most productive workers may be those with broad educational backgrounds, yet math and science skills have declined and foreign language and international studies have been neglected. The skills needed for the evolving information society call for general training in addition to job-specific training. The challenge to educators is to meet the current needs through evaluation of the type of curriculum that best prepares students for the range of tasks the future will require. Most important in concentrating on individual productivity is maintaining a sense of balance in educational programs between job-specific training and general training. (MD)

Education and Economic Productivity

Author : Edwin Dean
Publisher : Cambridge, Mass. : Ballinger Publishing Company
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Education and Economic Productivity by : Edwin Dean

Download or read book Education and Economic Productivity written by Edwin Dean and published by Cambridge, Mass. : Ballinger Publishing Company. This book was released on 1984 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Contribution of Higher Education to Economic Growth and Productivity

Author : John H. Pencavel
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (458 download)

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Book Synopsis The Contribution of Higher Education to Economic Growth and Productivity by : John H. Pencavel

Download or read book The Contribution of Higher Education to Economic Growth and Productivity written by John H. Pencavel and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Knowledge Capital of Nations

Author : Eric A. Hanushek
Publisher : MIT Press
ISBN 13 : 026254895X
Total Pages : 275 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Knowledge Capital of Nations by : Eric A. Hanushek

Download or read book The Knowledge Capital of Nations written by Eric A. Hanushek and published by MIT Press. This book was released on 2023-08-15 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

International Encyclopedia of Education

Author :
Publisher : Elsevier
ISBN 13 : 0080448941
Total Pages : 6964 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis International Encyclopedia of Education by :

Download or read book International Encyclopedia of Education written by and published by Elsevier. This book was released on 2009-04-17 with total page 6964 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of education has experienced extraordinary technological, societal, and institutional change in recent years, making it one of the most fascinating yet complex fields of study in social science. Unequalled in its combination of authoritative scholarship and comprehensive coverage, International Encyclopedia of Education, Third Edition succeeds two highly successful previous editions (1985, 1994) in aiming to encapsulate research in this vibrant field for the twenty-first century reader. Under development for five years, this work encompasses over 1,000 articles across 24 individual areas of coverage, and is expected to become the dominant resource in the field. Education is a multidisciplinary and international field drawing on a wide range of social sciences and humanities disciplines, and this new edition comprehensively matches this diversity. The diverse background and multidisciplinary subject coverage of the Editorial Board ensure a balanced and objective academic framework, with 1,500 contributors representing over 100 countries, capturing a complete portrait of this evolving field. A totally new work, revamped with a wholly new editorial board, structure and brand-new list of meta-sections and articles Developed by an international panel of editors and authors drawn from senior academia Web-enhanced with supplementary multimedia audio and video files, hotlinked to relevant references and sources for further study Incorporates ca. 1,350 articles, with timely coverage of such topics as technology and learning, demography and social change, globalization, and adult learning, to name a few Offers two content delivery options - print and online - the latter of which provides anytime, anywhere access for multiple users and superior search functionality via ScienceDirect, as well as multimedia content, including audio and video files

Productivity in Higher Education

Author : Caroline M. Hoxby
Publisher : University of Chicago Press
ISBN 13 : 022657458X
Total Pages : 337 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis Productivity in Higher Education by : Caroline M. Hoxby

Download or read book Productivity in Higher Education written by Caroline M. Hoxby and published by University of Chicago Press. This book was released on 2019-11-22 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do the benefits of higher education compare with its costs, and how does this comparison vary across individuals and institutions? These questions are fundamental to quantifying the productivity of the education sector. The studies in Productivity in Higher Education use rich and novel administrative data, modern econometric methods, and careful institutional analysis to explore productivity issues. The authors examine the returns to undergraduate education, differences in costs by major, the productivity of for-profit schools, the productivity of various types of faculty and of outcomes, the effects of online education on the higher education market, and the ways in which the productivity of different institutions responds to market forces. The analyses recognize five key challenges to assessing productivity in higher education: the potential for multiple student outcomes in terms of skills, earnings, invention, and employment; the fact that colleges and universities are “multiproduct” firms that conduct varied activities across many domains; the fact that students select which school to attend based in part on their aptitude; the difficulty of attributing outcomes to individual institutions when students attend more than one; and the possibility that some of the benefits of higher education may arise from the system as a whole rather than from a single institution. The findings and the approaches illustrated can facilitate decision-making processes in higher education.

The Social Benefits of Education

Author : Jere R. Behrman
Publisher : University of Michigan Press
ISBN 13 : 0472027360
Total Pages : 300 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis The Social Benefits of Education by : Jere R. Behrman

Download or read book The Social Benefits of Education written by Jere R. Behrman and published by University of Michigan Press. This book was released on 2010-08-04 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, the primary argument in justifying education has been based on its direct economic effects. Yet education also provides "social benefits" for individuals and society at large, including a better way of taking care of ourselves, and consequently creating a better society to live in. Though it is difficult to quantify these social benefits, a more systematic analysis would improve our understanding of the full effects of education and provide a basis for considering related policies. The Office of Research of the United States Department of Education commissioned a series of papers on measuring these effects of education. Those papers, revised and updated, are collected here. Kenneth J. Arrow provides perspective on education and preference formation, and Jere R. Behrman considers general conceptual and measurement issues in assessing the social benefits of education and policies related to education. These issues are taken up by experts in four fields--health, parenting, the environment, and crime. Themes addressed include measurement issues regarding what we mean by education and its benefits; basic analytical issues in assessing the impact of education on these social benefits using behavioral data; and whether the social benefits of education justify public policy interventions. Jere R. Behrman is William R. Kenan Jr. Professor of Economics, University of Pennsylvania. Nevzer G. Stacey is Senior Research Analyst, Office of Educational Research, U.S. Department of Education.

The Role of Innovation and Entrepreneurship in Economic Growth

Author : Michael J Andrews
Publisher : University of Chicago Press
ISBN 13 : 022681078X
Total Pages : 633 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis The Role of Innovation and Entrepreneurship in Economic Growth by : Michael J Andrews

Download or read book The Role of Innovation and Entrepreneurship in Economic Growth written by Michael J Andrews and published by University of Chicago Press. This book was released on 2022-03-17 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Health and Economic Growth

Author : Guillem López i Casasnovas
Publisher : MIT Press
ISBN 13 : 9780262122764
Total Pages : 399 pages
Book Rating : 4.1/5 (227 download)

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Book Synopsis Health and Economic Growth by : Guillem López i Casasnovas

Download or read book Health and Economic Growth written by Guillem López i Casasnovas and published by MIT Press. This book was released on 2005 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading international researchers offer theoretical and empirical microeconomic and macroeconomic perspectives on the ways a population's health status affects a country's economic growth.

The Price We Pay

Author : Clive R. Belfield
Publisher : Rowman & Littlefield
ISBN 13 : 0815708653
Total Pages : 284 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Price We Pay by : Clive R. Belfield

Download or read book The Price We Pay written by Clive R. Belfield and published by Rowman & Littlefield. This book was released on 2008-07-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the high cost of education draws headlines, the cost of not educating America's children goes largely ignored. The Price We Pay remedies this oversight by highlighting the private and public costs of inadequate education. In this volume, leading scholars from a broad range of fields—including economics, education, demography, and public health—attach hard numbers to the relationship between educational attainment and such critical indicators as income, health, crime, dependence on public assistance, and political participation. They explore policy interventions that could boost the education system's performance and explain why demographic trends make the challenge of educating our youth so urgent today. Improving educational outcomes for at-risk youth is more than a noble goal. It is an investment with the potential to yield benefits that far outstrip its costs. The Price We Pay provides the tools readers need to analyze both sides of the balance sheet and make informed decisions about which policies will pay off. Contributors include Thomas Bailey (Teachers College, Columbia University), Ronald F. Ferguson (Harvard University), Irwin Garfinkel (Columbia University), Jane Junn (Rutgers University), Brendan Kelly (Columbia University), Enrico Moretti (UCLA), Peter Muennig (Columbia University), Michael Rebell (Teachers College, Columbia University), Richard Rothstein (Teachers College, Columbia University), Cecilia E. Rouse (Princeton University), Marta Tienda (Princeton University), Jane Waldfogel (Columbia University), and Tamara Wilder (Teachers College, Columbia University).

World Development Report 2018

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464810982
Total Pages : 482 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2018 by : World Bank Group

Download or read book World Development Report 2018 written by World Bank Group and published by World Bank Publications. This book was released on 2017-10-16 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every year, the World Bank’s World Development Report (WDR) features a topic of central importance to global development. The 2018 WDR—LEARNING to Realize Education’s Promise—is the first ever devoted entirely to education. And the time is right: education has long been critical to human welfare, but it is even more so in a time of rapid economic and social change. The best way to equip children and youth for the future is to make their learning the center of all efforts to promote education. The 2018 WDR explores four main themes: First, education’s promise: education is a powerful instrument for eradicating poverty and promoting shared prosperity, but fulfilling its potential requires better policies—both within and outside the education system. Second, the need to shine a light on learning: despite gains in access to education, recent learning assessments reveal that many young people around the world, especially those who are poor or marginalized, are leaving school unequipped with even the foundational skills they need for life. At the same time, internationally comparable learning assessments show that skills in many middle-income countries lag far behind what those countries aspire to. And too often these shortcomings are hidden—so as a first step to tackling this learning crisis, it is essential to shine a light on it by assessing student learning better. Third, how to make schools work for all learners: research on areas such as brain science, pedagogical innovations, and school management has identified interventions that promote learning by ensuring that learners are prepared, teachers are both skilled and motivated, and other inputs support the teacher-learner relationship. Fourth, how to make systems work for learning: achieving learning throughout an education system requires more than just scaling up effective interventions. Countries must also overcome technical and political barriers by deploying salient metrics for mobilizing actors and tracking progress, building coalitions for learning, and taking an adaptive approach to reform.

The Economics of American Higher Education

Author : William E. Becker Jr.
Publisher : Springer Science & Business Media
ISBN 13 : 9401129509
Total Pages : 350 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis The Economics of American Higher Education by : William E. Becker Jr.

Download or read book The Economics of American Higher Education written by William E. Becker Jr. and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Postsecondary educational institutions in the United States are facing increasing financial stress and waning public support. Unless these trends can be changed, higher education can be expected to stagnate. What, if anything, can be done? As a starting point, advocates of higher education need to more fully recognize the issues associated with the economic mission of higher education and how this mission gets translated into individual student gains, regional growth, and social equity. This requires an understanding of the relationship between the outcomes of higher education and measures of economic productivity and well-being. This volume addresses topics related to the role of postsecondary education in microeconomic development within the United States. At tention is given to the importance of colleges and universities 'in the enhancement of individual students and in the advancement of the com munities and states within which they work. Although several of the chapters in this volume are aimed at research/teaching universities, much of what is presented throughout can be generalized to all of postsecondary education. Little attention, however, is given to the role of higher education in the macroeconomic development of the United States; this topic is covered in our related book, American Higher Education and National Growth.

Measuring Capital in the New Economy

Author : Carol Corrado
Publisher : University of Chicago Press
ISBN 13 : 0226116174
Total Pages : 602 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Measuring Capital in the New Economy by : Carol Corrado

Download or read book Measuring Capital in the New Economy written by Carol Corrado and published by University of Chicago Press. This book was released on 2009-02-15 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike.

Education and Productivity

Author : Theodore William Schultz
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Education and Productivity by : Theodore William Schultz

Download or read book Education and Productivity written by Theodore William Schultz and published by . This book was released on 1972 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of School Choice

Author : Caroline M. Hoxby
Publisher : University of Chicago Press
ISBN 13 : 0226355349
Total Pages : 367 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis The Economics of School Choice by : Caroline M. Hoxby

Download or read book The Economics of School Choice written by Caroline M. Hoxby and published by University of Chicago Press. This book was released on 2007-11-01 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now that the U.S. Supreme Court has declared school voucher programs constitutional, the many unanswered questions concerning the potential effects of school choice will become especially pressing. Contributors to this volume draw on state-of-the-art economic methods to answer some of these questions, investigating the ways in which school choice affects a wide range of issues. Combining the results of empirical research with analyses of the basic economic forces underlying local education markets, The Economics of School Choice presents evidence concerning the impact of school choice on student achievement, school productivity, teachers, and special education. It also tackles difficult questions such as whether school choice affects where people decide to live and how choice can be integrated into a system of school financing that gives children from different backgrounds equal access to resources. Contributors discuss the latest findings on Florida's school choice program as well as voucher programs and charter schools in several other states. The resulting volume not only reveals the promise of school choice, but examines its pitfalls as well, showing how programs can be designed that exploit the idea's potential but avoid its worst effects. With school choice programs gradually becoming both more possible and more popular, this book stands out as an essential exploration of the effects such programs will have, and a necessary resource for anyone interested in the idea of school choice.