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Budget Constrained Frontier Measures of Fiscal Equality and Efficiency in Schooling

Author

Listed:
  • Grosskopf, S.

    (Southern Illinois University)

  • Hayes, K.

    (Southern Methodist University)

  • Taylor, L.

    (Federal Reserve Bank of Dallas)

  • Weber, W.

    (Southeast Missouri State University)

Abstract

Equality and efficiency are key issues in educational reform. Here the authors analyze the efficiency and equality consequences of various school finance reforms using a cost-indirect output distance function. This function readily models multiple-output production under conditions of budgetary constraint, and provides a natural measure of performance that is closely related to Farrell-type measures of efficiency. The analysis suggests that despite school district inefficiency, finance reforms can affect student achievement. However, any potential gains in output from redistribution are dwarfed by the potential gains from increased efficiency. More strikingly, the analysis demonstrates that budgetary reforms designed to equalize expenditures could actually increase the inequality of student achievement. © 1997 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Grosskopf, S. & Hayes, K. & Taylor, L. & Weber, W., 1992. "Budget Constrained Frontier Measures of Fiscal Equality and Efficiency in Schooling," Working Paper Series 335, Research Institute of Industrial Economics.
    • Handle: RePEc:hhs:iuiwop:0335
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    References listed on IDEAS

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    More about this item

    Keywords

    Distance function; Schools; Budget constraint;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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