State Spending on Higher Education Capital Outlays

Autor/inn/en	Delaney, Jennifer A.; Doyle, William R.
Titel	State Spending on Higher Education Capital Outlays
Quelle	In: Research in Higher Education, 55 (2014) 5, S.433-466 (34 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0361-0365
DOI	10.1007/s11162-013-9319-2
Schlagwörter	Higher Education; State Aid; Models; Budgets; Educational Finance + Suchen Sie Ihr Suchwort? Hochschulbildung; Hochschulsystem; Hochschulwesen; Analogiemodell; Finanzhaushalt; Bildungsfonds
Abstract	This paper explores the role that state spending on higher education capital outlays plays in state budgets by considering the functional form of the relationship between state spending on higher education capital outlays and four types of state expenditures. Three possible functional forms are tested: a linear model, a quadratic model, and the balance wheel model. The balance wheel model posits that in good economic times, higher education is funded at a higher rate than other state budget categories. In bad economic times, higher education is often one of the first state budget categories to be cut and is cut more deeply than other state budget categories due, in part, to its ability to tap into alternative revenue streams. We find that capital outlays do not conform to the balance wheel model. Instead they appear to have a quadratic relationship with other state budget categories. We discuss the policy implications of these findings for both higher education leaders and state policymakers. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10