The Determinants of Public Education Expenditures: Evidence from the States, 1950-1990 / Raquel Fernandez, Richard Rogerson.

Format:

Book

Author/Creator:

Fernandez, Raquel.

Contributor:

National Bureau of Economic Research.

Rogerson, Richard.

Series:

Working Paper Series (National Bureau of Economic Research) no. w5995.

NBER working paper series no. w5995

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

The Determinants of Public Education Expenditures

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1997.

Summary:

We examine a panel data set for the US states over the period 1950-1990 and use it to assess the effects of growth in personal income and number of students on expenditure on public primary and secondary education. Our analysis suggests that the share of personal income devoted to education is roughly constant, implying that per student education expenditures grow at roughly the same rate as personal income per student. We also find evidence that additional factors accounted for an increase in education expenditures over the period 1950-1970.

Notes:

Print version record

April 1997.