Charters represent an expansion of public school choice, offering free, publicly funded educational alternatives to traditional public schools. One relatively unexplored research question concerning charter schools asks whether charter schools are more efficient suppliers of educational services than are traditional public schools. The potential…

A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on costs of inter-institutional differences in the cost…

Examines departmental production and cost structures of a homogeneous sample of 18 research universities to estimate relative economies of scale and scope. Examines three departmental clusters (social, physical, and engineering sciences), using a four-output quadratic cost function. Average incremental and marginal costs are highest for research…

Borg, Mason, and Shapiro in "The Economic Consequences of State Lotteries" (Praeger, 1991) argue that the Florida lottery creates an implicit tax that is inequitable and inefficient. These conclusions are unconvincing. Are lotteries really responsible for 35% reductions in pupil spending in lottery states? Additional work by Borg and…

Responding to critique of "The Economic Consequences of State Lotteries" (Praeger, 1991), coauthor praises reviewers' analysis and deplores their harsh criticism. Income coefficient used is justifiable, since, in Florida, number of children attending state-funded schools is positively associated with income. Would have received even…

Responding to a critique of the book "The Economic Consequences of State Lotteries" (Praeger, 1991), a coauthor thanks reviewers for an in-depth analysis and comments on their remarks about the book's efficiency section. Reviewers misread the original authors' observations concerning elasticity of demand, inefficient diversions of…

Examines the performance of local education authorities in England, using data for a sample of 57 (out of 96) authorities for the period 1980-81 to 1984-85. Uses frontier estimation to estimate a cost frontier, finding efficiency level sensitive to the method used. Calculates costs to be between 4 percent and 16 percent above their frontier level.…

Explores the cost savings (efficiency) of a year-round schedule versus a traditional 9-month schedule for 115 schools in Clark County, Nevada, including real-estate capital in the estimated cost functions. The 26 year-round schools experienced efficiencies in cost of capital and other areas, such as operations. (Contains 15 references.) (MLH)

There are numerous historical precedents for today's demands for economic efficiency and accountability in schools. This paper examines comprehensive nineteenth-century accountability system ("Payment by Results") that endured in English and Welsh elementary schools from 1862 until 1897. The amount of the yearly governmental grant…

This study empirically estimates a multiproduct total cost function and output relationship for comprehensive U.S. universities. Statistical results for 184 Bible colleges suggest that there are both economies of scale and of scope in higher education. Additionally, product-specific economies of scope exist for all output levels and activities.…

The analysis of educational outcomes and evaluation of their efficiency depend on three elements of organizational behavior analysis: costly information, decentralized advantages in defraying information costs, and incentives. This paper suggests several research directions for educational economists to apply these tools to analyze educational…

Presents rates of return to educational investment in former Yugoslavia by region, by education level, by gender, and for society and the individual. The private rates of return are higher than the social rates. Rates of return decrease with the stock of educational capital and with economic development. Socialism's effects on rates of return are…

Examines recent major proposals for improvements in elementary and secondary education from an economic perspective and assesses their likely effects. Suggests that efficient, effective, and equitable use of resources has not been fully considered in the preparation of the proposals. (PGD)

Uses cost, financial sources, and student achievement data from Philippine primary schools (financed primarily from central sources) to discover if financial decentralization leads to more efficient schools. Schools that rely more heavily on local sources (contributions from local school boards, municipal government, parent-teacher associations,…

Assesses effects of five large city school districts' fiscal dependence on educational spending in New York State. Results suggest that spending levels may be systematically lower in fiscally dependent districts. Recommends re-aligning resource allocation and school governance responsibilities and using matching grants to reduce spending…