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The Efficient Allocation of Resources in Education

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  • Samuel Bowles

Abstract

I. Introduction, 189. — II. An outline of the model, 191. — III. The objective function, 195. — IV. The constraints, 198. — V. The pattern of enrollments and resource use within the educational sector, 203. — VI. The choice of educational techniques, 207. — VII. Optimal total resource use by education, 209. — VIII. The importation of educated labor, 212. — IX. Conclusions, 214.

Suggested Citation

  • Samuel Bowles, 1967. "The Efficient Allocation of Resources in Education," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 81(2), pages 189-219.
    • Handle: RePEc:oup:qjecon:v:81:y:1967:i:2:p:189-219.
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    File URL: http://hdl.handle.net/10.2307/1879582
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    Citations

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    Cited by:

    1. Alan S. Manne, 1974. "Economic Alternatives for Mexico: A Quantitative Analysis," NBER Chapters, in: The Role of the Computer in Economic and Social Research in Latin America, pages 211-230, National Bureau of Economic Research, Inc.
    2. Annette Alstadsæter & Hans Henrik Sievertsen, 2009. "The Consumption Value of Higher Education," CESifo Working Paper Series 2871, CESifo.
    3. Sarah P. Voll, 1975. "Manpower and Education Planning in Underdeveloped Countries," Eastern Economic Journal, Eastern Economic Association, vol. 2(1), pages 52-65, January.
    4. Alan S. Manne, 1975. "Economic Alternatives for Mexico: A Quantitative Analysis," NBER Chapters, in: The Role of the Computer in Economic and Social Research in Latin America, pages 211-230, National Bureau of Economic Research, Inc.
    5. Michael Bruno, 1970. "Development Policy and Dynamic Comparative Advantage," NBER Chapters, in: The Technology Factor in International Trade, pages 27-72, National Bureau of Economic Research, Inc.
    6. Chatterjee, Sidharta, 2021. "On the Theory of Knowledge Resource Inequality: Role of Knowledge Capital in Social Transformation," MPRA Paper 105221, University Library of Munich, Germany.
    7. Sanjeev K Bordoloi, 2016. "Optimal Mix of Operations Management Contents for a Blended Course for Teaching Healthcare MBA Students," INFORMS Transactions on Education, INFORMS, vol. 16(3), pages 87-92, May.
    8. Jean Perrot, 1974. "Programmation linéaire et planification de l'éducation," Post-Print halshs-02009107, HAL.
    9. Chatterjee, Sidharta, 2020. "Capital Resource Inequality," MPRA Paper 104161, University Library of Munich, Germany.
    10. Christopher P. P. Shafuda & Utpal Kumar De, 2020. "Government expenditure on human capital and growth in Namibia: a time series analysis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-14, December.

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