Funding Universities for Efficiency and Equity: Research Findings versus Petty Politics

Autor/in	Psacharopoulos, George
Titel	Funding Universities for Efficiency and Equity: Research Findings versus Petty Politics
Quelle	In: Education Economics, 16 (2008) 3, S.245-260 (16 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0964-5292
Schlagwörter	Higher Education; Educational Finance; Efficiency; Educational Equity (Finance); Funding Formulas; Financial Policy; Theory Practice Relationship; Politics of Education; Policy Analysis; Foreign Countries; Expenditures; Cost Effectiveness + Suchen Sie Ihr Suchwort? Hochschulbildung; Hochschulsystem; Hochschulwesen; Bildungsfonds; Effectiveness; Effektivität; Wirkungsgrad; Funding; Finanzierung; Fiscal policy; Finanzpolitik; Theorie-Praxis-Beziehung; Educational policy; Bildungspolitik; Politikfeldanalyse; Ausland; Ausgaben; Kosten-Nutzen-Analyse; Kosten-Nutzen-Denken
Abstract	The present paper starts by discussing the principles of public funding of universities. The size of the social returns to investment in education gives an indication regarding the most efficient use of resources, while the difference between the private and the social rates relates to issues of equity. The available evidence is contrasted to higher education funding policies in several countries. It is concluded that there is a divide between the research findings regarding efficient and equitable financing, and the actual public funding of universities. The reasons for this divide are discussed in the context of political economy, rent-seeking by several stakeholders and, above all, vote-seeking by politicians. (Contains 8 tables and 4 figures.) (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10