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n A PROTOTYPE MODEL FOR EDUCATIONAL
HI WORKINGS OF THE MODEL
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additional education advancement rate allocation analysis analyze assumption Author's estimation average benefit capital cational changes compulsory education considered consumption costs different educational direct tax discussed dw dw dw economic growth education in Japan educational activities educational attainment educational expenditure educational group educational level EDUCATIONAL POLICY educational system effects of educational elasticity of substitution enrolment equation evaluated expenditure on education expenditure on higher factors government expenditure graduates gross investment Growth Accounting high and higher high education higher education household i-th sector income class INCOME DISTRIBUTION income groups industrial sectors input input-output coefficients j-th income Jorgenson-Griliches junior colleges k-th education labour market Ministry of Education nomic number of students obtained opportunity costs output population POSTWAR JAPAN present model producing commodity-i production function public expenditure quality of labour ratio relationship relative wage rates senior high school statistics subsidies Table trend types of labour unexplained residuals variables workers