Educational efficiency: value for money in public spending on schools

Peter Dolton, Oscar Marcenaro Gutierrez and Adam Still

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: Which national education systems deliver the best value for money? Peter Dolton and colleagues rank 30 of the world's richest countries based on their expenditure on teacher costs (which account for 80% of education budgets) and the pupil outcomes they achieve. Finland, South Korea and the Czech Republic come out top of the list.

Keywords: Education; policy; funding; quality measures; educational efficiency (search for similar items in EconPapers)
Date: 2015-01
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:441

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