Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/152928
Authors: 
Afonso, António
St. Aubyn, Miguel
Year of Publication: 
2005
Series/Report no.: 
ECB Working Paper 494
Abstract: 
We address the efficiency of expenditure in education provision by comparing the output (PISA results) from the educational system of 25, mostly OECD, countries with resources employed (teachers per student, time spent at school). We estimate a semi-parametric model of the education production process using a two-stage procedure. By regressing data envelopment analysis output scores on nondiscretionary variables, both using Tobit and a single and double bootstrap procedure, we show that inefficiency is strongly related to GDP per head and adult educational attainment.
Subjects: 
Bootstrap
DEA
Education
semi-parametric
technical efficiency
JEL: 
C14
C61
H52
I21
Document Type: 
Working Paper

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