This report is the culmination of a yearlong effort to study the efficiency of the nation's public education system and includes the first-ever attempt to evaluate the productivity of almost every major school district in the country. In the business world, the notion of productivity describes the benefit received in exchange for effort or money…

This study estimated rates of return to public investments in human and research capital (formal schooling and extension and vocational agricultural education) in the United States agricultural industry. (Southern states were excluded because of demographic and educational factors that would have biased the variables.) Output per farm was defined…