Arbeitspapier
Estimating the cost function of connecticut public K-12 education: Implications for inequity and inadequacy in school spending
This paper's study of Connecticut's education costs can serve as the foundation of an equitable and adequate state education aid formula. To the best of the author's knowledge, it is the first cost function study of Connecticut public K-12 education. The author uses a regression model to estimate how much it costs each district to achieve a common student performance target level, as measured by statewide standardized testing, given student characteristics and other cost factors that are outside the direct control of local officials at any given point in time. The analysis shows the disparities in education costs across school districts and the equity and adequacy of each district's spending relative to its costs for achieving a common student performance target level.
- Language
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Englisch
- Bibliographic citation
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Series: Working Papers ; No. 20-6
- Classification
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Wirtschaft
State and Local Government: Health; Education; Welfare; Public Pensions
Analysis of Education
Educational Finance; Financial Aid
Education: Government Policy
- Subject
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cost function
education costs
school spending
equity in education finance
adequacy in education finance
- Event
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Geistige Schöpfung
- (who)
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Zhao, Bo
- Event
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Veröffentlichung
- (who)
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Federal Reserve Bank of Boston
- (where)
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Boston, MA
- (when)
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2020
- DOI
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doi:10.29412/res.wp.2020.06
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Zhao, Bo
- Federal Reserve Bank of Boston
Time of origin
- 2020