Efficiency in the transformation of schooling into competences: A cross‐country analysis using PIAAC data. (5th July 2020)

• Record Type: Journal Article
• Authors: Calero, Jorge; Murillo Huertas, Inés P.; Raymond, José L.
• Is Part Of: Bulletin of economic research. Volume 73:Number 2(2021)
• Page Start: 252
• Page End: 275
• Publication Date: 2020-07-05
• Subjects: adult population competences -- efficiency -- parametric frontier techniques -- PIAAC; Economics -- Periodicals; Great Britain -- Economic conditions -- Periodicals; 330.05
• DOI: 10.1111/boer.12249
• Languages: English
• ISSNs: 0307-3378

Abstract

Abstract: This study (i) compares the competence levels of the adult population in a set of OECD countries; (ii) assesses the comparative efficiency with which the education system in each country transforms schooling into competences, distinguishing by educational level, and (iii) tracks the evolution of this efficiency by birth cohorts. Using PIAAC data, the paper applies standard parametric frontier techniques under two alternative specifications. The results obtained identify Finland, Sweden, Denmark and Japan as being the most efficient and Spain, the United Kingdom, Italy, Ireland and Poland as the least efficient.