Educational Production function

 An educational production function is the relationship between school and student inputs and a measure of school output. This method of representing the educational production process is likely to be of particular value both in descriptive studies of human capital formation and in normative investigations to determine optimal educational resource allocation. 

 https://hanushek.stanford.edu/sites/default/files/publications/Hanushek%202008%20PalgraveDict.pdf

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