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COVID and the Economic Importance of In-Person K-12 Schooling

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  • David A. Green
  • Ali Karimirad
  • Gaëlle Simard-Duplain
  • Henry E. Siu

Abstract

The extent to which K-12 schools should remain open is at the forefront of discussions on long-term pandemic management. In this context, there has been little mention of the immediate importance of K-12 schooling for the rest of the economy. Eliminating in-person schooling reduces the amount of labour time parents of school-aged children have available to work, and therefore reduces income to those workers and the economy as a whole. We discuss two measures of economic importance, and how they can be modified to better reflect the vital role played by K-12 education. The first is its size, as captured by the fraction of GDP that is produced by that sector. The second is its centrality, reflecting how essential a sector is to the network of economic activity. Using data from Canada’s Census of Population and Symmetric Input-Output Tables, we show how accounting for this role dramatically increases the importance of K-12 schooling.

Suggested Citation

  • David A. Green & Ali Karimirad & Gaëlle Simard-Duplain & Henry E. Siu, 2020. "COVID and the Economic Importance of In-Person K-12 Schooling," NBER Working Papers 28200, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:28200
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    References listed on IDEAS

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    1. Pierre‐Loup Beauregard & Marie Connolly & Catherine Haeck & Tímea Laura Molnár, 2022. "Primary school reopenings and parental work," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(S1), pages 248-281, February.
    2. Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans, 2005. "Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 1-45, February.
    3. Erceg, Christopher J. & Henderson, Dale W. & Levin, Andrew T., 2000. "Optimal monetary policy with staggered wage and price contracts," Journal of Monetary Economics, Elsevier, vol. 46(2), pages 281-313, October.
    4. Charles R. Hulten, 1978. "Growth Accounting with Intermediate Inputs," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(3), pages 511-518.
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    Cited by:

    1. Charles J. Courtemanche & Anh H. Le & Aaron Yelowitz & Ron Zimmer, 2021. "School Reopenings, Mobility, and COVID-19 Spread: Evidence from Texas," NBER Working Papers 28753, National Bureau of Economic Research, Inc.

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    More about this item

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • I20 - Health, Education, and Welfare - - Education - - - General
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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