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Peer reviewedDolton, Peter – Education Economics, 1996
Describes an econometric modeling of the labor market for teachers in an "administered" market setting in which the government partially controls the main determinants of demand and is very influential in setting teachers' wages. Reviews relevant econometric literature and shows market forces' crucial role. Discusses economic policy…
Descriptors: Econometrics, Elementary Secondary Education, Federal Government, Foreign Countries
Peer reviewedBorland, Melvin V.; Howsen, Roy M. – Education Economics, 2000
Corrects for potential bias and inconsistency in the estimated coefficient on market competition (among schools) by constructing a system of equations with endogenous expressions of student achievement and market competition. Policy makers seeking to improve student achievement should encourage market competition among schools. (Contains 13…
Descriptors: Achievement Gains, Competition, Elementary Secondary Education, Error Correction
