This paper delves into the effects of public investment on primary school enrollment in low- and middle-income countries (LMICs) across three decades, from 1990 to 2020. Autoregressive distributed lag models are employed to evaluate their long-term relationship for the whole sample and four distinct sub-samples while also probing the potential…

To investigate the relationship between Chinese university funding and academic output, we collected data on the scale and the structure of funding and academic output of 36 World-Class universities under construction in China during 2013-21 and 2014-22. Furthermore, we empirically analyzed the effects of funding scale and structure on academic…

This paper studies how school spending impacts student achievement by exploiting the US interstate branching deregulation as state tax revenue shocks. Leveraging school finance data from universal school districts, our difference-in-differences estimation reveals that deregulation leads to an increase in per-pupil total revenue and expenditure.…

In this essay, the authors examine a congressional proposal -- the Educational Choice for Children Act (ECCA) -- to allow taxpayers to redirect their federal tax dollars to organizations that would provide funding for students to enroll in private school or to help pay for outside educational supports. Based on the implementation of similar…

Education ensures that children from all backgrounds have equal opportunities to succeed. Yet, the education provided for many K-12 students in the state of Texas may not be equal due to the allocation of school funds under House Bill 3 (H.B. 3). To date, the Revenue to Population (RTP) Index and other normalized statistical metrics have not been…

The purpose of the paper is to examine the financial health of selected public universities in Malaysia. The study assessed the performance of Malaysian research universities, on the primary reserve ratio, viability ratio, return on net asset ratio and net operating revenue ratio, as well as the Hirschman-Herfindahl Index for revenue…

At their best, K-12 public school systems can be engines of social and economic mobility. Unfortunately, schools in lower-income districts -- whose students have the greatest academic needs -- often receive less funding than their counterparts in more affluent districts. Discussions about closing these funding gaps usually zoom all the way out to…

School finance debates frequently turn on two crucial questions: (1) How much do state and local governments spend on K-12 education?; and (2) How are education dollars distributed across jurisdictions? This focus makes sense because the answers to these questions determine how well states are able to provide an adequate, equal education for all…

School funding in Michigan is inadequate and inequitable. Michigan does not provide a sufficient base per-pupil amount, nor does the state properly address the cost of educating students with additional needs, especially students with disabilities, English learners, and low-income students. It would cost $4.5 billion to bring districts to funding…

This thesis studies four independent resource allocation problems with different assumptions on information available to the central planner, and strategic considerations of the agents present in the system. We start off with an online, non-strategic agents setting in Chapter 1, where we study the dynamic pricing and learning problem under the…

California state-level policies are responsible for allocating nearly 80 percent of the revenue received by its K-12 school districts. In 2013-14, the state implemented the Local Control Funding Formula (LCFF), which changed the allocation formula from one based primarily on equal revenue per pupil to an equity-focused allocation based primarily…

California's K-12 enrollment is projected to decline for the next two decades, driven by falling birth rates, reduced immigration, and out-of-state migration. With fewer students, districts receive fewer state dollars and may be forced to make tough decisions, including reductions to programs, staff, and/or schools. However, budget realignment…

Between 1999 and 2018, 210 shootings have occurred on public school campuses in the United States. The increased need for security and student support may crowd out instructional resources post-shooting. Shootings may also cause students, especially those from socioeconomically advantaged backgrounds, to move away, leading to declines in…

Construction and maintenance of school facilities are big cost drivers for schools, and the quality of school facilities can make a difference in student learning and health. Notably, school building construction is the second-highest capital expenditure of state and local funds, trailing only investments in infrastructure like roads. Ensuring…

The per-student data included in the State Higher Education Finance (SHEF) report provide useful information about revenues relative to the need to fund higher education and are important for examining the impact of funding differences on public institutions and students across states and over time. However, examining state support on a full-time…