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Comment by Oleh Havrylyshyn

Comment by Oleh Havrylyshyn. PETAR SOPEK EFFICIENCY OF PUBLIC EXPENDITURE ON EDUCATION IN CROATIA Presented at Young Economists Seminar (YES) Dubrovnik,June 27,2012 DEC XVIII , Croatian National Bank. OUTLINE. THE VALUE-ADDED OF THE STUDY (MINOR?) PRESENTATIONAL ISSUES

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Comment by Oleh Havrylyshyn

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  1. Comment by Oleh Havrylyshyn PETAR SOPEK EFFICIENCY OF PUBLIC EXPENDITURE ON EDUCATION IN CROATIA Presented at Young Economists Seminar (YES) Dubrovnik,June 27,2012 DEC XVIII , Croatian National Bank

  2. OUTLINE • THE VALUE-ADDED OF THE STUDY • (MINOR?) PRESENTATIONAL ISSUES • SUBSTANTIVE ISSUES TO ADDRESS

  3. I. VALUE-ADDED OF THE STUDY • INFORMS IMPORTANT ISSUE IN CROATIA-IMPROVEMENTS TO EDUCATION SYSTEM- AND GIVES SENSIBLE POLICY RECOMMENDATIONS • EFFECTIVELY APPLIES UP-TO-DATE METHODOLOGY OF EFFICIENCY FRONTIERS, INCLUDING NUMEROUS SENSITIVITY TESTS • BRINGS TO LIGHT A CRITICAL QUESTION: IS SHARP INCREASE IN TEACHING STAFF APPROPRITE IN FACE OF DEMOGRAPHIC DECLINE IN SCHOOL-AGE POPULATION? (Likely to please Min. of Finance , probably not please Min. of Education!)

  4. II. PRESENTATIONAL ISSUES • Needs good editing for style, lexics, syntax • Lit. review: useful to clarify how recent work on FDH and DEA improves on Farrell “efficiency frontier” methods • Conclusion: explain how results differ from only other paper on Croatia, Aristovnik and Obadic. • Define DUM on first use, p.4, not p.9.

  5. III. SUBSTANTIVE ISSUES.1 • INEFFICIENCY LARGE WITH EDU/GDP SHARE, BUT FAR LESS WITH EXP/PUPIL, AND APPEARS CLOSE TO FIT IN FIG.10: • IS IT REALLY SO INEFFICIENT?? • OUTPUT INEFFICIENCY OF 7,7-8.2 % -SIGNIFICANT OR NOT? • FIG.10 VISUALLY JUST BELOW FIT: WHAT IS STANDARD DEV? • CONCLUDES RISE IN TEACHER/STUDENT RATIO IS MAIN SOURCE OF INEFFICIENCY: WHY DOES THIS NOT SHOW UP IN ECONOMETRICS WITH 2 INPUTS? SPECIFICATION ? ECONNOMETRIC TECHNIQUE? • RECOMMENDS PRIVATE EDU. EXPANSION:THIS MAY BE CORRECT, BUT ECONOMETRICS PROVIDES NO BASIS FOR CONCLUSION

  6. III. SUBSTANTIVE ISSUES. 2 IF I WERE MIN. OF FINANCE WOULD THANK SOPEK FOR RATIONALE TO CUT MINEDU BUDGET BUT WOULD ASK : • RESULTS WITH EXP/PUPIL VERY DIFFERENT , MUCH LESS INEFFICIENCY THAN WITH EDU/GDP. WHICH IS THE CORRECT ONE, BEST ONE ?? • TAB. 2,3 VERY COMPELLING EVIDENCE THAT WE HAVE TOO MANY TEACHERS. WHY DID YOU NEED THE ECONOMETRICS TO MAKE THIS POINT? • CONVENTIONALLY HIGHER TEACHER/STUDENT RATIOS GIVE NETTER RESULTS . DID THE PISA SCORES IMPROVE, FALL, NO CHANGE SINCE 2000?

  7. III.SUBSTANTIVE ISSUES . 3 THE REWARD FOR A GOOD JOB -----------------

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