Education production function

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The education production function is the application of the economics concept of a production function to the field of education, where the inputs and outputs of production are the students and resources going into a given school (or school district) and the resulting achievements (as measured through standardized test scores or similar means) upon graduation. There is no single specific education production function, as different researchers have considerably different ideas on what the relevant inputs and outputs of the function are.^[1]

The original study that prompted interest in the idea of the education production function was the Coleman Report, published in 1966, which concluded that financial inputs to a school system had no effect on the overall educational output of the system.^[2] The report launched a large number of successive studies which variously confirmed its results or contradicted them by indicating that school expenditures did have an effect on student performance.^[1]

[edit] References

1. ^ ^{a b} Orey, Michael (2004). Educational Media and Technology Yearbook: 2004 Edition Volume 29. Littleton: Libraries Unlimited, 165-167. ISBN 1591580684. 
2. ^ Coleman, J.S. (1966). "Equality of educational opportunity". . US Government Printing Office