This article reviews the use of several valuation methods as they relate to drug abuse and places them within the context of U.S. policy. First, cost-of-illness (COI) studies are reviewed and their limitations discussed. Second, three additional economic methods of valuing drug abuse are reviewed, including cost-effectiveness analysis (CEA),…

A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on costs of inter-institutional differences in the cost…

This paper studies a sample of economies in transition to verify the assertion that returns to schooling increase as an economy transitions to a market environment. This claim has been difficult to assess in the past as the empirical evidence so far has covered only a few countries over short time periods. A number of studies find that returns to…

The Study Group in the Economics of Education, which is responsible for the publication of this report, was established under the auspices of the committee for Scientific and Technical Personnel as an independent group of professional economists and educational planners. Its task is to bring the resources of academic thought to bear on the…

This work was aided by support from the Center for the Study of Social Organization of Schools, The Johns Hopkins University.

This research report, applying an interdependency approach in an input-output framework to school district budgeting, presents a model aimed at the district management level. The data cover the 1967 operating budget of the Centralia, California, School District of approximately 3.9 million population. Three tables with accompanying textual…

This study develops an input-output model for making employment projections and applies it to the Oregon economy. Using published data and guided estimates, the study provides an approximation of the structure of the Oregon economy in 1963, as the first step in the systematic investigation of the State's economic and trade transactions. This…

Vocational Education can be regarded as a social investment in human capital undertaken by society at large. Fourteen vocational programs for grades eleven and twelve in eighteen Ohio high schools were evaluated according to their rates of return to society. In general the rates of return were found to be high. (DS)

There have been developments in interindustry economics which make it useful to reassess the potential for using input-output analysis for study of industry and occupational employment. The basic data sources available for conducting input-output analysis of employment include the Bureau of Economic Analysis in the U.S. Department of Commerce.…

Presents a study which assessed the inputs and outputs of the agricultural programs of land-grant universities in the North-Central region. It was found that programs in this region are fairly homogeneous, particularly at the undergraduate level. (CT)

This report series defines and measures the "information activity" within the national economy. "Information activity" is defined to include those specific industries and occupations whose primary function is to produce, process, or transmit economically valuable information. Changes in the national labor force are analyzed…

Resource optimization in building design is based on the total system over its expected useful life. Alternative environmental systems can be evaluated in terms of resource costs and goal effectiveness. (Author/MF)

Utilizing the American Council on Education model for determining the economic impact of colleges on local economies, it was found that Cypress College significantly affected the local economy of its district in a positive direction. The model is recommended for evaluating benefits derived from tax payments to support community college districts.…

Expands on an earlier article which states that economies of scale cannot exist unless the production function exhibits increasing returns to scale. Argues that this is correct only to the extent that the firm faces constant input prices as output expands. Concludes that the assumption that product and input markets are competitive may be…