The work of the Arizona Commission for Postsecondary Education (ACPE) is guided by a strategic plan. The purpose of the plan is to provide focus for the activity of this small agency and its five staff members in order to increase productivity and impact in the areas of its statutory authority. The mission and goals were accepted by Commissioners…

Survey data from the Philippines, India, and Pakistan show that imperfect information about worker productivity affects wage distribution across workers and over time; employers discriminate statistically regarding productivity and wages; calorie consumption affects productivity but is not rewarded; and (4) imperfect information can lead to…

The United States is faced with two serious economic problems: declining productivity growth and rising unemployment. These problems have become severe in the last decade. Both problems are caused by a number of factors, but experts fail to agree on which factors have most contributed to the problems. This paper examines the relationship between…

Decision makers, policy makers, and influential special interest groups typically view many appropriations for programs that will help the poor, the handicapped, social deviants, etc. as mere expenditures and not as investment which produce substantial results. This paper sets forth several cases which illustrate that people can be an attractive…

The central purpose of the present study is to examine whether increases in the potential productivity and/or the credential-derived social attractiveness of ghetto workers are translated into higher quality employment. Under the untested assumption that the potential productivity of a worker living in the ghetto is positively correlated with the…

The use of a mathematical model supported by empirical findings had developed a method of cost effectiveness that can be used in evaluations between educational objectives and goals. Educational time allocation can be studied and developed into a micro-level economic theory of decision. Learning has been defined as increments which can be…

A review of human investment in education considers the pivotal human capital theory in relation to complementary, replacement, and opposing hypotheses and the interrelationship of workers, education, and workplace production. Analysis of definitions of human capital concludes that it is the marketable value of an individual that additional…

This article reviews the contributions and limitations of economic analyses of resource allocation policies aimed at improving teacher quality. Two analytic frameworks taken from the study of the economics of education are employed: productivity theory and human capital theory. The article first summarizes results of various economic analyses of…

A number of analysts and leaders state that investments must be made in furthering employees' skills and upgrading the nation's infrastructure. Revenue resources suggested include changes in the tax code to target those "on the gravy train" and reclaiming funds from the military budget. (MLF)

Examines education's influences on Canada's employment, wages, and industrial production, using 1990 cross-sectional, provincially grouped statistical data. Workers disaggregated by educational attainment are substitutes for one another. Capital and all labor groups disaggregated by education are complements. Earnings differentials between better-…

A survey was conducted to examine the strength of beliefs among French school pupils in three perceptions of the education-labor market link traditionally studied in the economy of human capital: "productivity", "screening" and "credentialism." Male and female French students aged between 14 and 24 years responded to…

This report covers the University of Akron's impact on the income, employment, credit availability, governments, and individuals within the community in which the school is located--Summit County, Ohio. Presented is evidence of the impact, as measured by the American Council on Education economic impact model, of the university on its service…

By embracing education as an economic development tool, policy makers adopt a new economic metaphor--a new way of understanding how the economy works and identifying determinants of development. Development policy has shifted focus, from providing incentives for the accumulation of physical capital to emphasizing investments in human capital. Most…

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…

Reindustrialization problems in the United States (U.S.) include unemployment, low productivity, inflation, and inadequate economic growth. To determine how to improve economic performance, a careful, rational evaluation must be made of such factors as tax policy, spirit of risk, managerial effectiveness, rates of innovation, research and…