Citation

Constructing the purchasing power parity (PPP) for education: Putting education expenditure on a common metric

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Abstract:

This presentation will provide the audience with an understanding of the efforts currently underway in developing a methodology for an education Purchasing Power Parity (PPP), carried out by the International Comparison Program of the World Bank. These efforts deal with tremendous obstacles in data availability and consistency in education expenditures, putting the best minds of education economists to address missing data issues, as well as challenges in building a measure of quantity and quality of “output” of the education sector for nearly 200 developing and transitional countries. A representative of the World Bank will describe past efforts, challenges, strategies and ways forward in this important initiative. The presentation will focus on the econometric methods of dealing with data quality challenges, as well as the implications of the final outcome – the PPP for Education – for education and development.
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Association:
Name: 56th Annual Conference of the Comparative and International Education Society
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http://www.cies.us


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URL: http://citation.allacademic.com/meta/p556449_index.html
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MLA Citation:

Heston, Alan. "Constructing the purchasing power parity (PPP) for education: Putting education expenditure on a common metric" Paper presented at the annual meeting of the 56th Annual Conference of the Comparative and International Education Society, Caribe Hilton, San Juan, Puerto Rico, <Not Available>. 2014-12-12 <http://citation.allacademic.com/meta/p556449_index.html>

APA Citation:

Heston, A. "Constructing the purchasing power parity (PPP) for education: Putting education expenditure on a common metric" Paper presented at the annual meeting of the 56th Annual Conference of the Comparative and International Education Society, Caribe Hilton, San Juan, Puerto Rico <Not Available>. 2014-12-12 from http://citation.allacademic.com/meta/p556449_index.html

Publication Type: Panel Paper
Abstract: This presentation will provide the audience with an understanding of the efforts currently underway in developing a methodology for an education Purchasing Power Parity (PPP), carried out by the International Comparison Program of the World Bank. These efforts deal with tremendous obstacles in data availability and consistency in education expenditures, putting the best minds of education economists to address missing data issues, as well as challenges in building a measure of quantity and quality of “output” of the education sector for nearly 200 developing and transitional countries. A representative of the World Bank will describe past efforts, challenges, strategies and ways forward in this important initiative. The presentation will focus on the econometric methods of dealing with data quality challenges, as well as the implications of the final outcome – the PPP for Education – for education and development.


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