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Towards an output approach to estimate the value of education services in developing and transitional countries (English)

The International Comparative Program (ICP), charged with calculating purchasing power parity (PPP) has been working with the Education Policy and Data Center (EPDC) since October, 2009, to develop a new output-based methodology for education PPP adjustments. Both the ICP and the EPDC are guided by the Technical Advisory Group (TAG). The ICP also works with Eurostat, which has developed a methodology to measure education output for OECD countries (Eurostat, 2010). The methodology proposed here is complementary to and builds on that prepared by Eurostat for OECD countries. PPP adjustments have been made to GDP counts for a number of decades. In 2005, the ICP utilized an input-based approach to PPP conversions for education, based on teacher salaries and other costs. The ICP recognized that an output-oriented approach would, if feasible, be a more direct measure of the value of education services. Meanwhile, Eurostat, which calculates the PPPs for OECD countries, has moved towards an output-oriented approach based largely on enrollments and learning scores (Eurostat, 2010). This paper proposes a methodology for an output based approach to measure the value of education services for the non-OECD countries included in the ICP.


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    Towards an output approach to estimate the value of education services in developing and transitional countries

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Towards an output approach to estimate the value of education services in developing and transitional countries (English). International Comparison Program (ICP) ; 04.01 Washington, D.C. : World Bank Group.