1 write down an educational production function in levels


1. Write down an educational production function in levels and another in a value added form. Explain their elements. Which form of educational production function does Hanushek favour? List three difficulties in estimating these production functions.

2. In 1970, women made up around 39% per cent of all university students in Canada. Currently, they are around 60%. What factors could explain this change?

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Macroeconomics: 1 write down an educational production function in levels
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