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Bowles, Tyler J.; Bosworth, Ryan – Journal of Education Finance, 2002
Begins with a discussion of cost and efficiency in education. Presents an empirical model to estimate school-level economies of scale. Applies model to expenditure data set by school from 17 Wyoming school districts. Finds that it costs more per student in a small school than in large schools to achieve similar educational outcomes, thus…
Descriptors: Academic Achievement, Cost Effectiveness, Econometrics, Elementary Secondary Education