In 2013 and 2014, the Australian Federal Government introduced the Gonski reforms and fee deregulation measures to reform the prevailing financing provisions for education sectors in Australia. The central proposition of the proposed new measures was to reduce the funding of public universities by the Federal Government. One likely consequence of…

Given the necessity to bridge the gap between what happened and what is likely to happen, this paper aims to explore how to apply Bayesian inference to cost-effectiveness analysis so as to capture the uncertainty of a ratio-type efficiency measure. The first part of the paper summarizes the characteristics of the evaluation data that are commonly…

The enterprise resource planning (ERP) system industry accounts for $8.8 billion annually. Enterprise resource planning systems are not performing as expected due to implementation barriers, changes in job responsibilities, and access to information; 50% of all information technology failures are due to the implementation of ERP systems. Guided by…

This testimony discusses the findings from our recent work on fragmentation, overlap, and potential duplication in federally funded programs that support teacher quality. We recently issued a report addressing fragmentation, overlap, and potential duplication in federal programs that outlined opportunities to reduce potential duplication across a…

As Nevada struggles in this difficult time of recession and high unemployment, it is time to acknowledge that only through a robust and adequately funded education infrastructure and, in particular, higher education will the State ever achieve the diversification and growth all Nevadans need. Nevada must make a long term commitment to excellence…

Almost 7 million young Americans (age 16-24) are insufficiently attached to school or work. Based on conservative estimates, we can generate over $1 billion just by helping a mere 0.1 percent earn a high school credential and complete their first year of college through Back on Track Designs. This brief lays out the cost of setting up these GED-…

The recent court decision in Ohio requires that school districts spend a sufficient amount to insure that students are able to meet outcome objectives. Determination of adequate spending is complicated by the influence that fixed socioeconomic factors have on outcome provision; adequate spending will vary depending on the harshness of the…

Describes a methodology used by the Texas A&M University system to monitor the efficiency with which resources are employed. This participatory method of institutional choice can be used to plan for financial setbacks. (EV)

Critiques Michael Staten and John Umbeck's article ("Journal of Economic Education," Winter 1989) on the concept of inefficiency in applied economic analysis. Suggests the Staten-Umbeck article is useful in forcing a precise analysis of the exercise of welfare economics. Concludes that the term efficient is semantic and provides an…

Florida state officials promoted the lottery as a successful revenue-producing source for public education. Yet, increases in lottery revenues (even when combined with increased student fees and other revenues) were insufficient to offset significant declines in state allocations to community colleges after the lottery was introduced and reached…

This paper assesses the impact on economic growth of increased efficiency of public spending in primary and lower-secondary education. Higher efficiency in public spending in schools can bolster growth through two main channels. On the one hand, it can allow a transfer of labour from the public sector to the business sector at unchanged…

If we are to reduce wastage in higher education, we must first understand, and then combat some practices found in educational institutions. Specifically, we must discourage: over-staffing, power politics, and statistical juggling. Each institution of higher learning, each community, each state, should examine objectively the possibilities of…

An industrial training cost-effectiveness model developed at Bowling Green State University and used in several practical situations is evaluated with definitions of terms, structured training program costs, training returns, and data collection and analysis procedures. The authors emphasize that money spent for structured training is an…

Improving school effectiveness is not a realistic policy goal for the '80s; the goal of maintaining effectiveness at reduced cost levels (i.e., improving efficiency) should be substituted. New technology is creating the potential for reducing costs in education and its adoption may help to overcome traditional political resistance to cost-based…