Estimation of Drivers of Public Education Expenditure : Baumol's Effect Revisited /

This paper analyzes drivers of rising per-pupil public education spending, including Baumol's 'cost disease' effect. Higher wages paid to teachers contributed significantly to the increase in per-pupil spending over the past decades. Empirical analyses using a large dataset of advance...

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Tác giả chính: Nose, Manabu
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2015.
Loạt:IMF Working Papers; Working Paper ; No. 2015/178
Truy cập trực tuyến:Full text available on IMF