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Measurement of Output of Education Services

Petr Musil and Jakub Fischer

Politická ekonomie, 2015, vol. 2015, issue 2, 167-184

Abstract: This paper deals with the topic of measurement of education services. The main part of output of education services is considered to be non-market in the Czech Republic and it is estimated a sum of related costs. Deflation has been traditionally done using input method i.e. recalculation of each component separately. The main drawback of this method is an assumption of direct correlation between changes in inputs and changes in output. Productivity can not be estimated therefore output methods based on direct volume measurement are now preferred for individual services. Methodology of direct volume measurement of education services has been developed in the paper. This approach is based on number of students in detailed breakdown weighted by costs in order to include changes in the structure of fields of study. Estimates are available since 2004 as data sources are available. Besides estimates of development of non-market output development of all education services is estimated.

Keywords: GDP; educational service; direct volume measurement; final government consumption expenditures; number of students; output method (search for similar items in EconPapers)
JEL-codes: H51 H52 I15 I25 (search for similar items in EconPapers)
Date: 2015
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DOI: 10.18267/j.polek.995

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