If productivity and earnings are not found to result from education, then an alternative theory could be that employers use education as a screening device to select employees. Employing the decomposition technique to compare income for self-employed and private sector employees, evidence is presented that rejects the screenist theory. (Author/MD)

This paper considers the relation of education and of scientific and technical knowledge developed through research and development to labor productivity growth within the medium term. The empirical significance of sources of productivity growth is tested using data for the United States and 14 other nations. (Author/MLF)

Provides a review of research on the contribution of education to the organization and productivity of a nation's resources. Focuses on what is known about the particular contribution of higher education to U.S. economic growth. Discusses the relationship between earnings and additional schooling. Concludes that increased education probably has…

Discusses a study that explored the connection between social investments in higher education and economic production. Reports that government spending on higher education stimulates the private economy better than other government spending. Concludes that higher education expenditures on organized research produce long lasting, favorable effects…

Discusses the overall efficiency of investment in primary and secondary education and technology transfer via investment both in physical capital and higher education in 30 of the poorest African countries. A high (21.2 percent) rate of return to investment in primary and secondary education was found. Includes six tables and 20 references. (MLH)

This exploration of community college financing applies selected constructs and theories from the field of economics to the question of public financing of two-year vocational/technical and general education programs. First, the criteria of efficiency and equity are explained in terms of their use by economists in judging the appropriateness of…

Educational reform depends more on clearly defined missions and operational efficiency than on improved teacher quality. This article defines adequacy, equality, equity, and efficiency; examines numerous production function studies of teacher characteristics and policy and administrative structures; and summarizes seven policy implications.…

This paper on the social gains from female education is part of a series, prepared by the World Bank, on the benefits of improving opportunities for women. The paper suggests that expanding women's opportunities enhances their productivity and earning potential and thus contributes to better economic performance and poverty alleviation. Education…

The effectiveness and efficiency of basic education in the Third World has aroused considerable debate. This publication provides a comprehensive overview of the literature on various aspects of Third World basic education. The literature review has been divided into four sections corresponding to the different domains of school outcomes: (1) the…

The impact of school quality on students is most evident in less developed nations where it affects students' cognitive and behavioral outcomes. The study concludes that improvement in the quality of schooling would be more beneficial than expanded access to poorer quality education in less developed nations. (MD)

This book provides an introduction to earnings capacity (EC), a measurement of human capital, and its application to a research study of potential earned annual income over a 25-year period. Focus is on qualitative aspects of EC such as race, age, gender and education and its utilization. Chapter 1 is an introduction. Chapter 2 reviews existing…