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A market outcomes approach to the external efficiency of education: A Papua New Guinea local study
Institution:1. Center of Operations Research (CIO), Miguel Hernandez University (UMH), avda. de la Universidad s/n, Elche, Alicante 03202, Spain;2. Foisie Business School, Worcester Polytechnic Institute, 100 Institute Road, Worcester, MA, United States
Abstract:This paper presents and discusses the policy implications of a survey conducted in a Papua New Guinea Highlands town from the point of view of education system external efficiency as measured by market outcomes. The study deals with informal as well as formal sector incomes, and with academic achievement as well as attainment, and attempts to isolate the productivity-enhancing contributions of individual academic subjects at the lower secondary level.
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