Educational Inputs and Outcomes Before the Transition from Communism

32 Pages Posted: 29 Jun 2007

See all articles by John Beirne

John Beirne

European Central Bank (ECB)

Nauro F. Campos

University College London; University of Michigan at Ann Arbor - The William Davidson Institute; IZA Institute of Labor Economics

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Date Written: January 2007

Abstract

Conventional wisdom suggests that the stocks of human capital were one of the few positive legacies from communism. However, if factories under communism were so inefficient, why would the education system not have been? Using the education production function approach and new data on educational inputs and outcomes from 1960 to 1989, we find evidence suggesting that the official human capital stocks figures were 'over-estimated' during the communist period. In other words, we find that the official human capital stock numbers are significantly higher than those predicted not only in relation to countries at similar levels of development, but also on the basis of educational systems with comparable features and efficiency levels.

Keywords: Education, human capital, transition economies

JEL Classification: J24, O11, P27

Suggested Citation

Beirne, John and Campos, Nauro F., Educational Inputs and Outcomes Before the Transition from Communism (January 2007). CEPR Discussion Paper No. 6064, Available at SSRN: https://ssrn.com/abstract=997309

John Beirne

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

Nauro F. Campos (Contact Author)

University College London ( email )

Gower Street
London, WC1E 6BT
United Kingdom

University of Michigan at Ann Arbor - The William Davidson Institute

724 E. University Ave.
Wyly Hall
Ann Arbor, MI 48109-1234
United States

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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