Empirical Evidence of the Effectiveness of School Education

Evgenia Penkova and Alexander Valkov
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Evgenia Penkova: University of National and World Economy, Sofia, Bulgaria
Alexander Valkov: University of National and World Economy, Sofia, Bulgaria

Ikonomiceski i Sotsialni Alternativi, 2018, issue 3, 19-32

Abstract: The article focuses on the key role of school education as a resource of higher education and an important factor for economic development. In the search for an answer to the question can school education effectively perform these functions, key functional dependencies where the degree of achievement of the goals is related to all financial resources, the state spending stan­dards (SSP), the cohort of the employed people and their remuneration and other factors have been analyzed. The targets (weighed against qualitative parameters) have been assessed using the quality standards on two levels: national external evaluation (NEE) and international ex­ternal evaluation (PISA). This leads to the conclusion that school education has low internal efficiency and does not create a high quality product/service. This is also confirmed by the low international competitiveness of the school education results.

Keywords: effectiveness; quality; state spending standards; education network; public spending on education (search for similar items in EconPapers)
JEL-codes: H52 I22 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2018:i:3:p:19-32

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