ERIC Number: ED081391
Record Type: RIE
Publication Date: 1971-Jul
Reference Count: 0
Graduation, Graduate School Attendance, and Investments in College Training.
Perl, Lewis J.
It has often been suggested by economists and other social scientists that the educational system may conveniently be viewed as a production process. The primary output of this process is an increase in the student's stock of knowledge and skill, and the inputs to the process including the student's time (the productivity of which depends upon a previously acquired stock of human capital), the time of instructors, and a variety of forms of capital equipment which augment the instructional process. In order to examine the usefulness of this view, this paper attempts to estimate the relationship between specific measures of the output of the educational process at the college level and proxies for each of the dimensions of input specified above. These estimates are derived by postulating rather simple functional relationships between these input and output measures--and using multiple regression analysis to estimate the parameters of these functions. In estimating these parameters, data is used describing the inputs and outputs of the college experience for a large sample of students entering college in 1960. A 26-item bibliography is included. (Author)
Descriptors: Administration, Attendance, Educational Economics, Educational Quality, Educational Research, Graduate Study, Graduation, Higher Education, Human Capital, Production Techniques, Productivity
Ford Foundation, 2288 Fulton Street, Berkeley, California 94720
Publication Type: N/A
Education Level: N/A
Sponsor: Ford Foundation, New York, NY.
Authoring Institution: California Univ., Berkeley. Ford Foundation Program for Research in Univ. Administration.