This paper delves into the effects of public investment on primary school enrollment in low- and middle-income countries (LMICs) across three decades, from 1990 to 2020. Autoregressive distributed lag models are employed to evaluate their long-term relationship for the whole sample and four distinct sub-samples while also probing the potential…

To investigate the relationship between Chinese university funding and academic output, we collected data on the scale and the structure of funding and academic output of 36 World-Class universities under construction in China during 2013-21 and 2014-22. Furthermore, we empirically analyzed the effects of funding scale and structure on academic…

This paper studies how school spending impacts student achievement by exploiting the US interstate branching deregulation as state tax revenue shocks. Leveraging school finance data from universal school districts, our difference-in-differences estimation reveals that deregulation leads to an increase in per-pupil total revenue and expenditure.…

Education ensures that children from all backgrounds have equal opportunities to succeed. Yet, the education provided for many K-12 students in the state of Texas may not be equal due to the allocation of school funds under House Bill 3 (H.B. 3). To date, the Revenue to Population (RTP) Index and other normalized statistical metrics have not been…

In this essay, the authors examine a congressional proposal -- the Educational Choice for Children Act (ECCA) -- to allow taxpayers to redirect their federal tax dollars to organizations that would provide funding for students to enroll in private school or to help pay for outside educational supports. Based on the implementation of similar…

The purpose of the paper is to examine the financial health of selected public universities in Malaysia. The study assessed the performance of Malaysian research universities, on the primary reserve ratio, viability ratio, return on net asset ratio and net operating revenue ratio, as well as the Hirschman-Herfindahl Index for revenue…

At their best, K-12 public school systems can be engines of social and economic mobility. Unfortunately, schools in lower-income districts -- whose students have the greatest academic needs -- often receive less funding than their counterparts in more affluent districts. Discussions about closing these funding gaps usually zoom all the way out to…

School finance debates frequently turn on two crucial questions: (1) How much do state and local governments spend on K-12 education?; and (2) How are education dollars distributed across jurisdictions? This focus makes sense because the answers to these questions determine how well states are able to provide an adequate, equal education for all…

We examine the impact of wind energy installation on school district finances and student achievement using data on the timing, location, and capacity of the universe of U.S. installations from 1995 through 2017. Wind energy installation substantially increased district revenues, causing large increases in capital outlays, but only modest…

This First Look report presents data on public elementary and secondary education revenues and expenditures at the local education agency (LEA) or school district level for fiscal year (FY) 2022. Specifically, this report includes the following types of school district finance data: (1) revenue, current expenditure, and capital outlay expenditure…

This thesis studies four independent resource allocation problems with different assumptions on information available to the central planner, and strategic considerations of the agents present in the system. We start off with an online, non-strategic agents setting in Chapter 1, where we study the dynamic pricing and learning problem under the…

School funding in Michigan is inadequate and inequitable. Michigan does not provide a sufficient base per-pupil amount, nor does the state properly address the cost of educating students with additional needs, especially students with disabilities, English learners, and low-income students. It would cost $4.5 billion to bring districts to funding…

California state-level policies are responsible for allocating nearly 80 percent of the revenue received by its K-12 school districts. In 2013-14, the state implemented the Local Control Funding Formula (LCFF), which changed the allocation formula from one based primarily on equal revenue per pupil to an equity-focused allocation based primarily…

Despite compelling evidence that master's degrees don't systematically make teachers more effective for their students, most US school districts provide a pay premium for them. They should stop, the sooner the better, and states should take the lead in pushing them to do so. Education dollars--whether COVID-19 relief funds or predictable annual…

Between 1999 and 2018, 210 shootings have occurred on public school campuses in the United States. The increased need for security and student support may crowd out instructional resources post-shooting. Shootings may also cause students, especially those from socioeconomically advantaged backgrounds, to move away, leading to declines in…