Handbook of Contemporary Education Economics
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Handbook of Contemporary Education Economics

Edited by Geraint Johnes, Jill Johnes, Tommaso Agasisti and Laura López-Torres

This Handbook provides a comprehensive overview of the modern economics of education literature, bringing together a series of original contributions by globally renowned experts in their fields. Covering a wide variety of topics, each chapter assesses the most recent research with an emphasis on skills, evaluation and data analytics.
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Chapter 11: Education production functions

Jack Britton and Anna Vignoles

Abstract

Globally more is being spent on education than ever before. Understanding which educational inputs are most important for achievement is essential for improving efficiency of that spending. In this chapter, we review the literature that has used the education production function to model the relationship between educational inputs such as genetics, parental investments, school type, teacher quality and school resources, and educational outputs. We summarise the evidence from key studies that have produced credible estimates of the relationship between inputs and a variety of these different education and labour market outcomes. We conclude with some insights into potential avenues for future research.

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