Estimating the Cost Function of Connecticut Public K-12 Education : Implications for Inequity and Inadequacy in School Spending. Working Papers. No. 20-6 / Bo Zhao.

Facing legal challenges and public pressures, Connecticut needs an objective and rigorous study of its public education costs. This study is the first to estimate the cost function of Connecticut public K-12 education and to evaluate the equity and the adequacy in the state's school spending ba...

Full description

Saved in:
Bibliographic Details
Online Access: Full Text (via ERIC)
Main Author: Zhao, Bo
Corporate Author: Federal Reserve Bank of Boston
Format: eBook
Language:English
Published: [Place of publication not identified] : Distributed by ERIC Clearinghouse, 2020.
Subjects:

MARC

LEADER 00000nam a22000002u 4500
001 b11775349
003 CoU
005 20210325115200.0
006 m o d f
007 cr |||||||||||
008 200301s2020 xx |||| ot ||| | eng d
035 |a (ERIC)ed608215 
035 |a (MvI) 4P000000587199 
040 |a ericd  |b eng  |c MvI  |d MvI 
099 |a ED608215 
100 1 |a Zhao, Bo. 
245 1 0 |a Estimating the Cost Function of Connecticut Public K-12 Education :  |b Implications for Inequity and Inadequacy in School Spending. Working Papers. No. 20-6 /  |c Bo Zhao. 
264 1 |a [Place of publication not identified] :  |b Distributed by ERIC Clearinghouse,  |c 2020. 
300 |a 1 online resource (59 pages) 
336 |a text  |b txt  |2 rdacontent. 
337 |a computer  |b c  |2 rdamedia. 
338 |a online resource  |b cr  |2 rdacarrier. 
500 |a Availability: Federal Reserve Bank of Boston. P.O. Box 55882, Boston, MA 02205. Tel: 617-973-3000; Tel: 617-973-3397; e-mail: boston.library@bos.frb.org; Web site: http://www.bos.frb.org/.  |5 ericd. 
500 |a Abstractor: As Provided.  |5 ericd. 
500 |a Educational level discussed: Elementary Secondary Education. 
516 |a Text (Reports, Research) 
516 |a Numeric (Numerical/Quantitative Data) 
520 |a Facing legal challenges and public pressures, Connecticut needs an objective and rigorous study of its public education costs. This study is the first to estimate the cost function of Connecticut public K-12 education and to evaluate the equity and the adequacy in the state's school spending based on regression-estimated education costs. It finds large disparities across districts in education costs and cost-adjusted spending. Districts with the largest enrollments, the highest school-age-child-poverty rates, or the least amount of property wealth, on average, have the highest costs and the lowest cost-adjusted spending. A large percentage of the state's public school students are enrolled in districts where spending is inadequate relative to the predicted cost of achieving a common student performance target, which contributes to student underperformance. Thus, school districts, especially the high-cost ones, need a large amount of additional spending to improve student performance. The research approach used in this paper can be generalized and applied to other states. 
524 |a Federal Reserve Bank of Boston.  |2 ericd. 
650 0 7 |a Public Education.  |2 ericd. 
650 0 7 |a Elementary Secondary Education.  |2 ericd. 
650 0 7 |a Costs.  |2 ericd. 
650 0 7 |a Educational Finance.  |2 ericd. 
650 0 7 |a Educational Equity (Finance)  |2 ericd. 
650 0 7 |a School Districts.  |2 ericd. 
650 0 7 |a Academic Achievement.  |2 ericd. 
650 0 7 |a School District Spending.  |2 ericd. 
650 0 7 |a School District Wealth.  |2 ericd. 
650 0 7 |a School District Size.  |2 ericd. 
650 0 7 |a Poverty.  |2 ericd. 
710 2 |a Federal Reserve Bank of Boston. 
856 4 0 |u http://files.eric.ed.gov/fulltext/ED608215.pdf  |z Full Text (via ERIC) 
907 |a .b11775349x  |b 04-01-21  |c 04-01-21 
998 |a web  |b 04-01-21  |c f  |d m   |e -  |f eng  |g xx   |h 0  |i 0 
956 |a ERIC 
999 f f |i e9e55d42-24aa-5549-952d-1c69a2482080  |s a1540d0d-fee7-58b3-8738-1fac20ed9a35