Artículos (GEE)

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https://hdl.handle.net/10784/7505

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Examinando Artículos (GEE) por Autor "Breton,Theodore R"

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    Evidence that class size matters in 4th grade mathematics: An analysis of TIMSS 2007 data for Colombia
    (Elsevier, 2014-01) Breton,Theodore R; Universidad Eafit,Escuela de Economía y Finanzas, Medellín, Antioquia, Colombia; Escuela de Economía y Finanzas; Economía; Estudios en Economía y Empresa
    Like students in most developing countries, Colombian students in 4th grade performed poorly in the TIMSS 2007 test of mathematics skills, achieving an average score of 355 relative to an internationalmean of 500. After controlling for other factors and misreporting error, I find that large classes have substantial adverse effects on student achievement. Increases in class size from 20 to 53 students reduce test scores by about 80 points, or 2.4 points for each additional student in the class. Most likely this is the cumulative effect of class size in grades one to four on achievement in 4th grade.
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    Human capital and growth in Japan: Converging to the steady state in a 1% world
    (Elsevier, 2015-06) Breton,Theodore R; Universidad Eafit,Escuela de Economía y Finanzas, Medellín, Antioquia, Colombia; Escuela de Economía y Finanzas; Economía; Estudios en Economía y Empresa
    Annual growth in GDP/adult in Japan has declined from over 10% in 1969 to an average of 1% since the financial crisis in 1991. I showthat a dynamic Solow growth model, augmented with human capital, weekly hours worked, and oil prices, explains Japan’s annual growth rates from 1969 to 2007 as conditional convergence to a steady-state rate of 1%/year. Each year of average adult schooling attainment raised GDP/adult directly or indirectly by 20 percent, and weekly hours worked had an output elasticity of 0.5. The marginal product of schooling in 2005 is double the marginal product of physical capital.
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    ICP 2005 CONSTRUCTION PRICES: ARE THEY UNDERESTIMATED IN DEVELOPING COUNTRIES?
    (International Association for Research in Income and Wealth, 2015) Breton,Theodore R; GarcÍa, John J.; Universidad EAFIT, Medellín, Colombia; Universidad EAFIT, Medellín, Colombia; Escuela de Economía y Finanzas; Economía; Estudios en Economía y Empresa
    Construction prices are lower in developing countries in ICP 2005, which has raised these countries’ capital/output ratio in Penn World Tables 7 and 8 and affected growth analyses. We estimate the Colombia/U.S. price ratio for office and apartment buildings in 2005 as a test of the validity of the ICP 2005 methodology for estimating these prices. Our estimate of the Colombia/U.S. price ratio is almost twice the ICP 2005 estimate. We confirm the validity of our results by estimating the cost of constructing office and apartment buildings using 2005 prices for construction materials, equipment, and labor in both countries.