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Cited by 290

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Measuring Investment in Education

Open access
Hanushek, Eric A·1996·Journal of Economic Perspectives

Abstract

Historic debates about the measurement of capital are even more complicated in the case of education and human capital. As extensive research demonstrates, education resources are not consistently related to student performance in existing elementary and secondary schools. This inefficiency in public schools implies that spending and resource measures do not accurately capture variations in school quality. This finding then has clear implications for both education policy and economic research. Because school inputs are poor policy instruments, an alternative policy focus that appears much more productive is performance incentives related to student achievement.

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Metadata

Authors
Hanushek, E. A.
Venue
Journal of Economic Perspectives
Published
1996-11-01
Volume
10
Issue
4
Pages
9-30
ISSN
0895-3309 (ISSN-L)
OpenAlex
W2070124875
Cited by
290
References
0
FWCI
42.18
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: Measuring Investment in Education. https://app.cochat.ai/papers/10.1257/jep.10.4.9
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Hanushek, E. A. (1996). Measuring Investment in Education. Journal of Economic Perspectives. https://doi.org/10.1257/jep.10.4.9

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.