Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/17839 
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dc.contributor.authorWößmann, Ludgeren
dc.contributor.authorBishop, John H.en
dc.date.accessioned2009-01-28T14:59:50Z-
dc.date.available2009-01-28T14:59:50Z-
dc.date.issued2001-
dc.identifier.urihttp://hdl.handle.net/10419/17839-
dc.description.abstractThe paper presents a model of educational production which tries to make sense of recent evidence on effects of institutional arrangements on student performance. In a simple principal-agent framework, students choose their learning effort to maximize their net benefits, while the government chooses educational spending to maximize its net benefits. In the jointly determined equilibrium, schooling quality is shown to depend on several institutionally determined parameters. The impact on student performance of institutions such as central examinations, centralization versus school autonomy, teachers' influence, parental influence, and competition from private schools is analyzed. Furthermore, the model can rationalize why positive resource effects may be lacking in educational production.en
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1085en
dc.subject.jelI20en
dc.subject.jelL32en
dc.subject.jelH52en
dc.subject.ddc330en
dc.subject.keywordeducational productionen
dc.subject.keywordprincipal-agent modelen
dc.subject.keywordinstitutions of the education systemen
dc.subject.stwBildungsökonomiken
dc.subject.stwInstitutionalismusen
dc.subject.stwBildungsniveauen
dc.subject.stwBildungsverhaltenen
dc.subject.stwBildungspolitiken
dc.subject.stwAgency Theoryen
dc.subject.stwTheorieen
dc.titleInstitutional Effects in a Simple Model of Educational Production-
dc.typeWorking Paperen
dc.identifier.ppn859837149en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1085en
dc.identifier.printppn337571287en

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