Based on Baumol's cost-disease model, we develop two alternative measures of the change in the productivity of … schooling. Both productivity measures are based on changes in the relative price of schooling. We find that in most OECD … countries the price of schooling has increased faster in 1970-94 than would be compatible with constant schooling productivity …

We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on … should indicate declining relative schooling productivity. We find that the price of schooling increased by more than the … substantially, which suggests a constant quality of schooling output. Hence we conclude that schooling productivity has declined …

New evidence confirms the conclusion of former surveys that the link between school resources and student performance …

measures perform well in regression analysis explaining productivity across OECD countries and over time. In OECD samples …

Based on Baumol’s cost-disease model, we develop two alternative measures of the change in the productivity of … schooling. Both productivity measures are based on changes in the relative price of schooling. We find that in most OECD … countries the price of schooling has increased faster in 1970-94 than would be compatible with constant schooling productivity …