A study examined the economic relationship between growth in dentistry and supply/demand factors. Output, or real per capita dental expenditures, is seen as a function of consumer income, dental insurance, and dentist supply. Analysis indicates a significant relationship between dental sector growth and economic market factors, including growth in…

The need for a system of price indexes for colleges and universities is discussed. First, past efforts to develop price indexes are reviewed, dating back to 1952 and highlighting two specific indexes, the Higher Education Price Index (HEPI) and the Uniform Price Index Calculation System (UPICS). For the latter, the price indexes of direct costs…

Price indices related to specific expenditure categories are necessary for realistic budget projections in higher education. Given the erratic inflationary behavior of the past seven years, and the uniqueness of higher education expenditures, realistic inflation prediction requires a balanced combination of analytic forecasting and intuitive…

Because U.S. government expenditures for research and development (R & D) comprise more than half of the total national support in these areas, the government plays the major role in determining the nature and objectives of R & D efforts. This report examines the federal response to national needs in terms of R & D support and changing R & D…