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Institutional Effects in a Simple Model of Educational Production

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dc.creator Wößmann, Ludger
dc.creator Bishop, John H.
dc.date 2001
dc.date.accessioned 2013-10-16T06:57:01Z
dc.date.available 2013-10-16T06:57:01Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17839
dc.identifier ppn:337571287
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17839
dc.description The paper presents a model of educational production which tries to make sense of recent evidence on effects of institutional arrangements on student performance. In a simple principal-agent framework, students choose their learning effort to maximize their net benefits, while the government chooses educational spending to maximize its net benefits. In the jointly determined equilibrium, schooling quality is shown to depend on several institutionally determined parameters. The impact on student performance of institutions such as central examinations, centralization versus school autonomy, teachers' influence, parental influence, and competition from private schools is analyzed. Furthermore, the model can rationalize why positive resource effects may be lacking in educational production.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1085
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject I20
dc.subject L32
dc.subject H52
dc.subject ddc:330
dc.subject educational production
dc.subject principal-agent model
dc.subject institutions of the education system
dc.subject Bildungsökonomik
dc.subject Institutionalismus
dc.subject Bildungsniveau
dc.subject Bildungsverhalten
dc.subject Bildungspolitik
dc.subject Agency Theory
dc.subject Theorie
dc.title Institutional Effects in a Simple Model of Educational Production
dc.type doc-type:workingPaper


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