Measuring the Economic Output of the Education Sector in the ...

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Chart 7 Annual growth rates of education output in Canada, 1976 to 2005 Price index Quantity index Nominal value 0 1 2 3 4 5 6 7 percent System of National Accounts estimate Income-based Cost-based Source: Statistics Canada, authors' calculations. Chart 8 presents the underlying data on the cost of education per student that are used to produce cost-based estimates of education output. The unit cost was the highest for university education, the lowest for primary and secondary education, and in between for college education. The unit cost increased for university education and for primary and secondary education from 1997 to 2005, while it changed little for college education during this period. Economic Analysis Research Paper Series - 28 - Statistics Canada – Catalogue no.11F0027M, no. 080
Chart 8 Cost of education per student in Canada thousands 20 15 10 5 0 1997 1999 2001 2003 2005 Primary and secondary College Univesity Source: Statistics Canada, authors' calculations. Some of the differences in expenditures per student between university education and other types of education are due to the presence of a research function in universities. As the exact split in total expenditures between teaching and research is not available, all expenditures are included in the cost-based measure of education output used here. 8 Chart 9 plots trends in labour productivity of the Canadian education sector based on the three alternative measures of education output (two output-based measures of education services and one input-based measure of education services). All three measures of labour productivity show that labour productivity declined in the Canadian education sector before 1990 and increased after 1990. Labour productivity based on income-based estimates of education output declined at an average annual rate of 1.6% in the education sector for the period from 1976 to 1990. During the period from 1990 to 2005, labour productivity increased by 0.4% per year. 8. A more detailed cost-based measure of university education output would distinguish between different types of programs (such business programs, science and engineering programs, and arts programs), since education expenditures are different across those programs. For primary and secondary education, more detail would require a distinction between special programs and regular programs, since expenditures for special education are much higher. Economic Analysis Research Paper Series - 29 - Statistics Canada – Catalogue no.11F0027M, no. 080
Page 1 and 2: Catalogue no. 11F0027M — No. 080
Page 3 and 4: Economic Analysis Research Paper Se
Page 5 and 6: Table of contents Abstract ........
Page 7 and 8: Executive summary Education is an i
Page 9 and 10: 1 Introduction Education is an impo
Page 11 and 12: 2.1 Income-based approach to the me
Page 13 and 14: The nominal value of education serv
Page 15 and 16: To estimate human capital stock for
Page 17 and 18: Chart 1 School enrolment in Canada,
Page 19 and 20: Table 2 Nominal investment in educa
Page 21 and 22: Table 5 Annual growth in the price
Page 23 and 24: Table 7 Real investment in educatio
Page 25 and 26: The cost-based estimate of educatio
Page 27: The cost-based estimate in Table 8
Page 31 and 32: per student, while the income-based
Page 33 and 34: individuals have completed their sc
Page 35 and 36: education is level 5, dummy variabl
Page 37 and 38: 4 Conclusion Several statistical ag
Page 39: Jorgenson, D.W., and B.M. Fraumeni.

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