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Measurement of Output of Education Services

Bibliographic Data

ID10713409
AuthorsPetr Musil (0000-0001-8147-4336, Prague University of Economics and Business), Jakub Fischer (0000-0003-4658-1974, Prague University of Economics and Business)
Year2015
Volume63
Issue2
Pages167-184
Publication date2015-04-01
Open AccessYes
TypeARTICLE
VenuePolitická ekonomie (JOURNAL)
Journal identifiersISSN: 0032-3233 • E-ISSN: 2336-8225
PublisherPrague University of Economics and Business (PUBLISHER • CZ)
DOI10.18267/j.polek.995
OpenAlexW2217271746
LanguageEN
References cited3

This paper deals with the topic of measurement of education services. The main part of output of education services is considered to be non-market in the Czech Republic and it is estimated a sum of related costs. Deflation has been traditionally done using input method i.e. recalculation of each component separately. The main drawback of this method is an assumption of direct correlation between changes in inputs and changes in output. Productivity can not be estimated therefore output methods based on direct volume measurement are now preferred for individual services. Methodology of direct volume measurement of education services has been developed in the paper. This approach is based on number of students in detailed breakdown weighted by costs in order to include changes in the structure of fields of study. Estimates are available since 2004 as data sources are available. Besides estimates of development of non-market output development of all education services is estimated

Component (thermodynamics) · Deflation · Econometrics · Economics · Input–output model · Macroeconomics · Monetary policy · Order (exchange) · Productivity · Computer Science · Finance · Global Educational Reforms and Inequalities · Regional Development and Policy

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Highly citedNo

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