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Traditional public schools versus charter schools: a comparison of technical efficiency

Author

Listed:
  • Todd Nesbit

    (Penn State Erie, The Behrend College)

  • Joseph Palardy

    (Youngstown State University)

Abstract

This paper addresses the now famous question of “Does Money Matter?” in public education. While the general consensus is that additional expenditures may improve educational outcomes, this is by no means a guarantee. Indeed, some studies indicate that a school's resources are not an important determinant of student performance. As Adkins and Moomaw (2003) suggest, the true relationship between resources and performance may become more apparent in a better specified model accounting for technical inefficiency. Along these lines, we attempt to measure the technical efficiency gains of charter schools over traditional public schools using a stochastic frontier production model.

Suggested Citation

  • Todd Nesbit & Joseph Palardy, 2007. "Traditional public schools versus charter schools: a comparison of technical efficiency," Economics Bulletin, AccessEcon, vol. 9(9), pages 1-10.
    • Handle: RePEc:ebl:ecbull:eb-07i20003
    as

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    File URL: http://www.accessecon.com/pubs/EB/2007/Volume9/EB-07I20003A.pdf
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    References listed on IDEAS

    as
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    3. Caroline Minter Hoxby, 2003. "School Choice and School Productivity. Could School Choice Be a Tide that Lifts All Boats?," NBER Chapters, in: The Economics of School Choice, pages 287-342, National Bureau of Economic Research, Inc.
    4. Meeusen, Wim & van den Broeck, Julien, 1977. "Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 435-444, June.
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    6. Angrist, Joshua D & Lavy, Victor, 2001. "Does Teacher Training Affect Pupil Learning? Evidence from Matched Comparisons in Jerusalem Public Schools," Journal of Labor Economics, University of Chicago Press, vol. 19(2), pages 343-369, April.
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    8. Caroline Minter Hoxby, 2003. "Introduction to "The Economics of School Choice"," NBER Chapters, in: The Economics of School Choice, pages 1-22, National Bureau of Economic Research, Inc.
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    More about this item

    Keywords

    Charter Schools;

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • H0 - Public Economics - - General

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