Allocating Government Education Expenditures Across K-12 and College Education
Allocating Government Education Expenditures Across K-12 and College Education
复制标题
在 K-12 和大学教育中分配政府教育支出
DOI:
10.1007/s00199-006-0084-8
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发表时间:
2007
期刊:
影响因子:
1.3
通讯作者:
Beth F. Ingram
中科院分区:
文献类型:
--
作者:
William F. Blankenau;Steven P. Cassou;Beth F. Ingram
As of the late 1990s, public spending on education in the US comprised approximately 7.1% of GDP; about 60% of that support was directed at K-12 education and the remainder at college education. We investigate the welfare and output implications of this spending in a theoretical model in which agents of differential innate ability choose whether to pursue higher education. Higher ability agents support greater expenditures at both the K-12 and college levels. When public education expenditures are low, all agents prefer that spending be directed solely to K-12 education; when expenditures are high, all prefer that some spending be allocated to college education.