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
Englisch

Bibliographic citation
Series: Working Papers ; No. 20-6

Classification
Wirtschaft
State and Local Government: Health; Education; Welfare; Public Pensions
Analysis of Education
Educational Finance; Financial Aid
Education: Government Policy
Subject
cost function
education costs
school spending
equity in education finance
adequacy in education finance

Event
Geistige Schöpfung
(who)
Zhao, Bo
Event
Veröffentlichung
(who)
Federal Reserve Bank of Boston
(where)
Boston, MA
(when)
2020

DOI
doi:10.29412/res.wp.2020.06
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Zhao, Bo
  • Federal Reserve Bank of Boston

Time of origin

  • 2020

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