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Markets, governance, and university priorities: Evidence on undergraduate education and research

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  • Robert Lowry

Abstract

I investigate the effects of differences in market context and governance arrangements on undergraduate education and separately budgeted research at both public and private universities. Public universities faced with little competition and universities that rely heavily on government subsidies relative to tuition tend to have larger undergraduate enrollments, fewer small classes, lower graduation rates, and are more likely to engage in separately budgeted research than universities with the opposite characteristics. In addition, Catholic universities offer fewer small classes but have higher graduation rates than independent private universities, while other church-affiliated universities spend less on separately budgeted research. Copyright Springer-Verlag Berlin/Heidelberg 2004

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  • Robert Lowry, 2004. "Markets, governance, and university priorities: Evidence on undergraduate education and research," Economics of Governance, Springer, vol. 5(1), pages 29-51, April.
    • Handle: RePEc:spr:ecogov:v:5:y:2004:i:1:p:29-51
    DOI: 10.1007/s10101-002-0056-9
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    Citations

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    Cited by:

    1. Harvey S. Rosen & Alexander J. W. Sappington, 2015. "What Do University Endowment Managers Worry About? An Analysis of Alternative Asset Investments and Background Income," NBER Working Papers 21271, National Bureau of Economic Research, Inc.
    2. Harvey S. Rosen & Alexander J. W. Sappington, 2016. "To Borrow or Not to Borrow? An Analysis of University Leverage Decisions," NBER Working Papers 21951, National Bureau of Economic Research, Inc.
    3. Rosen, Harvey S. & Sappington, Alexander J.W., 2016. "To borrow or not to borrow? An analysis of university leverage decisions," Research in Economics, Elsevier, vol. 70(1), pages 170-185.
    4. Rong-Ruey Duh & Kuo-Tay Chen & Ruey-Ching Lin & Li-Chun Kuo, 2014. "Do internal controls improve operating efficiency of universities?," Annals of Operations Research, Springer, vol. 221(1), pages 173-195, October.
    5. Harvey S. Rosen & Alexander J.W. Sappington, 2015. "What Do University Endowment Managers Worry About? An Analysis of Alternative Asset Investments and Background Income," Working Papers 244, Princeton University, Department of Economics, Center for Economic Policy Studies..
    6. Harvey S. Rosen & Alexander J. W. Sappington, 2016. "What Do University Endowment Managers Worry About? An Analysis of Alternative Asset Investments and Background Income," Education Finance and Policy, MIT Press, vol. 11(4), pages 404-425, Fall.
    7. Harvey S. Rosen & Alexander J.W. Sappington, 2016. "To Borrow or Not to Borrow? An Analysis of University Leverage Decisions," Working Papers 249, Princeton University, Department of Economics, Center for Economic Policy Studies..
    8. Kathleen Carroll & Lisa M. Dickson & Jane E. Ruseski, 2013. "Do Faculty Matter? Effects of Faculty Participation in University Decisions," UMBC Economics Department Working Papers 13-06, UMBC Department of Economics.

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