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Education Quality and Development Accounting
by
SCHOELLMAN, TODD
in
Accounting
/ Accounting methods
/ Censuses
/ Cross-national analysis
/ Data quality
/ Developed countries
/ Developing countries
/ Economics of education
/ Education
/ Education quality
/ Educational attainment
/ Educational evaluation
/ Human capital
/ Immigrants
/ Labor markets
/ LDCs
/ Noncitizens
/ Production functions
/ Quality of education
/ Refugees
/ Schooling
/ Studies
/ Study abroad
/ Test scores
/ U.S.A
/ Wages
/ Workers
2012
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Education Quality and Development Accounting
by
SCHOELLMAN, TODD
in
Accounting
/ Accounting methods
/ Censuses
/ Cross-national analysis
/ Data quality
/ Developed countries
/ Developing countries
/ Economics of education
/ Education
/ Education quality
/ Educational attainment
/ Educational evaluation
/ Human capital
/ Immigrants
/ Labor markets
/ LDCs
/ Noncitizens
/ Production functions
/ Quality of education
/ Refugees
/ Schooling
/ Studies
/ Study abroad
/ Test scores
/ U.S.A
/ Wages
/ Workers
2012
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Do you wish to request the book?
Education Quality and Development Accounting
by
SCHOELLMAN, TODD
in
Accounting
/ Accounting methods
/ Censuses
/ Cross-national analysis
/ Data quality
/ Developed countries
/ Developing countries
/ Economics of education
/ Education
/ Education quality
/ Educational attainment
/ Educational evaluation
/ Human capital
/ Immigrants
/ Labor markets
/ LDCs
/ Noncitizens
/ Production functions
/ Quality of education
/ Refugees
/ Schooling
/ Studies
/ Study abroad
/ Test scores
/ U.S.A
/ Wages
/ Workers
2012
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Journal Article
Education Quality and Development Accounting
2012
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Overview
This paper measures the role of quality-adjusted years of schooling in accounting for cross-country output per worker differences. While data on years of schooling are readily available, data on education quality are not. I use the returns to schooling of foreign-educated immigrants in the U.S. to measure the education quality of their birth country. Immigrants from developed countries earn higher returns than do immigrants from developing countries. I show how to incorporate this measure of education quality into an otherwise standard development accounting exercise. The main result is that cross-country differences in education quality are roughly as important as cross-country differences in years of schooling in accounting for output per worker differences, raising the total contribution of education from 10% to 20% of output per worker differences.
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