Abstract
Under human capital theory, education is seen as sponsor of human and economic capital. Investment in human capital in the medium term may be reflected in the students' academic achievement. Academic achievement is an indicator of the effectiveness of education policies, however, in Latin America there are few studies analyzing effects of inputs or investment spending on student performance. In this study were considered 538 high schools (vocational School) in order to assess effects of number of students per classroom and number of students per class in academic achievement. We carry out a confirmatory factorial analysis and a structural model by Maximum-likelihood Paths for infrastructure and academic achievement. Was found that increase of students per classroom and per class have negative effects because these increase on quantity of students with low levels on reading and mathematical abilities. Also, was reducing the number of students with excellent performance in both skills. These results support the evidence that scholar infrastructure has effects on academic achievement.
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