Discussion Paper 32

Output growth in the post‐compulsory education sector: the European experience

Mary O’Mahony1, José Manuel Pastor2, Fei Peng1, Lorenzo Serrano2 and Laura Hernández2

1 Birmingham Business School (BHAM), Birmingham, UK
2 Instituto Valenciano de Investigaciones Económicas (IVIE), Valencia, Spain

 

Abstract

This paper analyses the problem of measuring the output of the education sector. It uses a combination of the index number approach with the education return methods. This allows us to
take into account not only the number of students but also the labour outcomes corresponding to each type of education. As a result we obtain comprehensive measures of output based on
enrolment, completion rates, expected wages, employability and labour market participation issues.  We apply this approach to estimate the rates of growth of the output of the post‐compulsory education sectors of 27 European countries over the period 2005‐2009. The results show the importance of complementing raw educational data with labour outcome information when measuring output in this sector.

 

Full text

Output growth in the post‐compulsory education sector: the European experience

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This project is funded by the European Commission, Research Directorate General as part of the 7th Framework Programme, Theme 8: Socio-Economic Sciences and Humanities.

Grant Agreement no:244 709

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