G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w14099
来源IDWorking Paper 14099
Price and Real Output Measures for the Education Function of Government: Exploratory Estimates for Primary & Secondary Education
Barbara M. Fraumeni; Marshall B. Reinsdorf; Brooks B. Robinson; Matthew P. Williams
发表日期2008-06-19
出版年2008
语种英语
摘要In a previous paper, the authors took the first step in their research on measuring the education function of government by estimating real output measures (Fraumeni, et. al. 2004). In this paper, chain-type Fisher quantity indexes for those output measures are calculated to be more consistent with Bureau of Economic Analysis (BEA) methodology and the real output measures presented in the previous paper are refined. In addition, and more importantly, implicit price deflators are presented to give a more complete picture. Alternative price and real output measures are compared; it is clear that methodology choice matters. Price change is always greater than quantity change for the periods given; however, price changes are overstated to the extent quality changes are not captured in the quantity indexes. Quality-adjustments continue to be the most challenging aspect of decomposing nominal expenditures for government-provided education into price and quantity components.
主题Development and Growth ; Growth and Productivity
URLhttps://www.nber.org/papers/w14099
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/571775
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GB/T 7714
Barbara M. Fraumeni,Marshall B. Reinsdorf,Brooks B. Robinson,et al. Price and Real Output Measures for the Education Function of Government: Exploratory Estimates for Primary & Secondary Education. 2008.
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