Cross-country differences in the quality of schooling

成果类型:
Article
署名作者:
Kaarsen, Nicolai
署名单位:
University of Copenhagen
刊物名称:
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN:
0304-3878
DOI:
10.1016/j.jdeveco.2013.11.005
发表日期:
2014
页码:
215-224
关键词:
Human capital Education quality Development accounting test scores
摘要:
This paper constructs a cross-country measure of the quality of education using a novel approach based on international test scores data. The first main finding is that there are large differences in education quality - one year of schooling in the U.S. is equivalent to three or more years of schooling in a number of low-income countries. I incorporate the estimated series for schooling quality in an accounting framework calibrated using evidence on Mincerian returns. This leads to the second important finding, which is that the fraction of income differences explained by the model rises substantially when one includes education quality; the increase is around 22 percentage points. (C) 2013 Elsevier B.V. All rights reserved.