ERIC Number: ED407735
Record Type: RIE
Publication Date: 1997-Apr
Education and the Economy: An Indicators Report.
Decker, Paul T.; And Others
Education is an important contributor to productivity growth and has a major influence on the standard of living of the U.S. population. Economic productivity depends on human as well as physical capital. This report is the first in a series of indicator reports recommended by the congressionally mandated Special Study Panel on Education Indicators. The report examines the link between education and economic productivity from different angles using a variety of data sources. It first presents indicators related to historical trends in worker productivity in the United States and other countries and the contribution of education to these trends. The report also considers the link between education and productivity at the individual level, focusing on the economic consequences of educational attainment, educational achievement, and adult literacy. The link between worker training and productivity is also explored. Finally, the report compares key measures of educational performance in the U.S. with corresponding measures in other countries. The indicators in the report come from many data sources, including the National Center for Education Statistics as well as other federal and international statistical agencies. The report examines the existing research on the indicators and related issues, presenting arguments and conclusions from researchers on all sides of the issues. Eight tables and 57 figures are included. (Contains 88 references). (LMI)
Descriptors: Academic Achievement, Adult Literacy, Developed Nations, Economic Development, Economic Impact, Education Work Relationship, Educational Attainment, Educational Status Comparison, Elementary Secondary Education, International Education, Job Training, Labor Economics, Labor Force Development, Productivity
U.S. Government Printing Office, Superintendent of Documents, Mail Stop: SSOP, Washington, DC 20402-9328.
Publication Type: Reports - Research
Education Level: N/A
Sponsor: National Center for Education Statistics (ED), Washington, DC.
Authoring Institution: Mathematica Policy Research, Washington, DC.
IES Cited: ED499782