Affiliation:
1. Professor of Economics and Public Policy and Director of the Wallis Institute of Political Economy, University of Rochester, Rochester, New York.
Abstract
Historic debates about the measurement of capital are even more complicated in the case of education and human capital. As extensive research demonstrates, education resources are not consistently related to student performance in existing elementary and secondary schools. This inefficiency in public schools implies that spending and resource measures do not accurately capture variations in school quality. This finding then has clear implications for both education policy and economic research. Because school inputs are poor policy instruments, an alternative policy focus that appears much more productive is performance incentives related to student achievement.
Publisher
American Economic Association
Subject
Economics and Econometrics,Economics and Econometrics
Cited by
138 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献