Publications in: Economics of Education

A Disaggregated Analysis of the Long Run Impact of Vocational Qualifications

Subsector:Labour market economics
Published: February, 2013
Document type:Report

London Economics were commissioned by the Department for Business Innovation and Skills to undertake an assessment of the long term effect of vocational education and training on labour market outcomes. We combined information from the Individual Learner Record (ILR) between 2002/03 and 2005/06 on learner attainment, detailed earnings information (between 2003/04 and 2009/10) and employment […]

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What’s the Value of a UK Degree?

Subsector:Education
Published: January, 2013
Document type:Report

In partnership with London Economics, University think-tank million+ publishes a new report “What’s the Value of a UK Degree?”. The report brings together information assessing the rates of return for the Treasury, taxpayers and individuals arising from investment in higher education.

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The Impact of Further Education Learning

Subsector:Labour market economics
Published: January, 2013
Document type:Report

Based on a survey of 4,000 learners, London Economics assessed both the economic and wider benefits of learning associated with vocational education and training. The report also assessed a number of issues relating to deadweight loss and learners’ perceptions of loans in Further Education.

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An Exploratory Evaluation of the Next Step Service

Subsector:Labour market economics
Published: November, 2012
Document type:Report

The Next Step service is a nationally branded careers and skills advice service that is available free to adults in England aged 19 and over irrespective of their prior skills, qualifications and employment status. Since April 2012, Next Step has been rebranded as the National Careers Service. We merged Next Step administrative data with information […]

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Assessing the Deadweight Loss and Additionality Associated with Public Investment in Education and Skills

Subsector:Education
Published: May, 2012
Document type:Report

London Economics were commissioned by the Department for Business, Innovation and Skills to undertake an analysis aimed at improving the current assessment of deadweight loss in the Further Education and Skills arena, where deadweight loss is defined as the extent to which government-funded training generates outcomes that are not additional to what would have occurred […]

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The Impact of Investment in Intangible Assets on Productivity Spillovers

Subsector:Labour market economics
Published: May, 2012
Document type:Report

London Economics were commissioned by the Department for Business, Innovation and Skills to conduct a literature review of the evidence regarding the impact of investment in intangible assets on productivity spillovers. The review provides a summary of the theory underpinning the concepts of intangible assets, their measurement, as well as the theory of spillovers. We […]

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Estimating the Impact of Training on Productivity Using Firm-level Data

Subsector:Education
Published: May, 2012
Document type:Report

London Economics were commissioned by the Department for Business Innovation and Skills to undertake an assessment of the impact of publicly funded training on firm-level productivity. Firm-level analysis has traditionally been hampered by a lack of reliable and comprehensive data. For the first time in the UK, a matched employer-employee dataset with information on government […]

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Estimating the Returns to Intermediate and Low Level Vocational Qualifications

Subsector:Labour market economics
Published: September, 2011
Document type:Report

London Economics were commissioned by the Department for Business Innovation and Skills to undertake an econometric analysis of the earnings and employment returns to intermediate and low level vocational qualifications. The analysis involved the analysis of information from the Labour Force Survey between 1996 and 2009. The focus of the analysis was on the assessment […]

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A Feasibility Study Estimating the Value of Educational Imports from the UK

Subsector:Education
Published: June, 2011
Document type:Report

London Economics were commissioned by the Department for Business Innovation and Skills to undertake a detailed assessment of the value of educational imports from the United Kingdom economy. Where possible, the analysis consisted of an assessment of the value of higher education tuition fee and non tuition fee expenditure along with the value of research […]

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