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Productivity in Australian Education between 1986/87 and 1993/94

Author

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  • George Verikios

Abstract

This paper attempts to estimate the change in total factor productivity (TFP) in total education services provided in Australia, between 1986/87 and 1993/94. A simple model is developed and calibrated using Australian data. TFP is estimated to have fallen by between 16 and 26 per cent depending on what is assumed about the behaviour of average quality over this period.

Suggested Citation

  • George Verikios, 1997. "Productivity in Australian Education between 1986/87 and 1993/94," Centre of Policy Studies/IMPACT Centre Working Papers g-123, Victoria University, Centre of Policy Studies/IMPACT Centre.
    • Handle: RePEc:cop:wpaper:g-123
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    References listed on IDEAS

    as
    1. Bonesronning, Hans & Rattso, Jorn, 1994. "Efficiency variation among the Norwegian High Schools: Consequences of equalization policy," Economics of Education Review, Elsevier, vol. 13(4), pages 289-304.
    2. George Verikios, 1997. "Re-Estimating Real Output for Service Industries in Australia," Centre of Policy Studies/IMPACT Centre Working Papers g-124, Victoria University, Centre of Policy Studies/IMPACT Centre.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    education services; productivity; real output measures for education;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • I29 - Health, Education, and Welfare - - Education - - - Other

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