Resource Allocation and Productivity in Education

Resource Allocation and Productivity in Education

Author: William L. Boyd

Publisher: Bloomsbury Publishing USA

Published: 1998-05-26

Total Pages: 262

ISBN-13: 0313005672

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Resource allocation decisions made by school boards, principals, and teachers are critical for they determine the adequacy and equity of resources actually made available for specific schools, educational programs and individual students. The most important resources are often concealed by aggregate state or district measures such as dollars per student. For these decisions, the most important resources are elements such as basic and supplemental staffing levels, staff time, funding amounts for textbooks and supplies, selection of new equipment (particularly technology), and support for new or renovated facilities. The authors review current practices at each important decision-making level in school districts, from the school board to the classroom. At each juncture, the findings are interpreted to reveal both the causes of the practices and their implications for improving school effectiveness. This book provides new research in helping to inform and improve resource allocation practices in schools. The general conclusion is that improvement in the resource allocation practices in education requires a shift in focus to results instead of inputs, a strong emphasis on student learning as the primary focus of decisions, and systematic evaluation of results.


Resource Allocation in Higher Education

Resource Allocation in Higher Education

Author: William F. Massy

Publisher: University of Michigan Press

Published: 1996

Total Pages: 352

ISBN-13: 9780472106868

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Offers guidance for implementing reforms in the allocation of resources in colleges and universities


Resource Allocation and Productivity in Education

Resource Allocation and Productivity in Education

Author: William T. Hartman

Publisher: Praeger

Published: 1998-05-26

Total Pages: 0

ISBN-13: 0313276315

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Resource allocation decisions made by school boards, principals, and teachers are critical for they determine the adequacy and equity of resources actually made available for specific schools, educational programs and individual students. The most important resources are often concealed by aggregate state or district measures such as dollars per student. For these decisions, the most important resources are elements such as basic and supplemental staffing levels, staff time, funding amounts for textbooks and supplies, selection of new equipment (particularly technology), and support for new or renovated facilities. The authors review current practices at each important decision-making level in school districts, from the school board to the classroom. At each juncture, the findings are interpreted to reveal both the causes of the practices and their implications for improving school effectiveness. This book provides new research in helping to inform and improve resource allocation practices in schools. The general conclusion is that improvement in the resource allocation practices in education requires a shift in focus to results instead of inputs, a strong emphasis on student learning as the primary focus of decisions, and systematic evaluation of results.


Making Money Matter

Making Money Matter

Author: National Research Council

Publisher: National Academies Press

Published: 1999-11-30

Total Pages: 368

ISBN-13: 0309172888

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The United States annually spends over $300 billion on public elementary and secondary education. As the nation enters the 21st century, it faces a major challenge: how best to tie this financial investment to the goal of high levels of achievement for all students. In addition, policymakers want assurance that education dollars are being raised and used in the most efficient and effective possible ways. The book covers such topics as: Legal and legislative efforts to reduce spending and achievement gaps. The shift from "equity" to "adequacy" as a new standard for determining fairness in education spending. The debate and the evidence over the productivity of American schools. Strategies for using school finance in support of broader reforms aimed at raising student achievement. This book contains a comprehensive review of the theory and practice of financing public schools by federal, state, and local governments in the United States. It distills the best available knowledge about the fairness and productivity of expenditures on education and assesses options for changing the finance system.


Productivity in Higher Education

Productivity in Higher Education

Author: Caroline M. Hoxby

Publisher: University of Chicago Press

Published: 2019-11-22

Total Pages: 337

ISBN-13: 022657458X

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How do the benefits of higher education compare with its costs, and how does this comparison vary across individuals and institutions? These questions are fundamental to quantifying the productivity of the education sector. The studies in Productivity in Higher Education use rich and novel administrative data, modern econometric methods, and careful institutional analysis to explore productivity issues. The authors examine the returns to undergraduate education, differences in costs by major, the productivity of for-profit schools, the productivity of various types of faculty and of outcomes, the effects of online education on the higher education market, and the ways in which the productivity of different institutions responds to market forces. The analyses recognize five key challenges to assessing productivity in higher education: the potential for multiple student outcomes in terms of skills, earnings, invention, and employment; the fact that colleges and universities are “multiproduct” firms that conduct varied activities across many domains; the fact that students select which school to attend based in part on their aptitude; the difficulty of attributing outcomes to individual institutions when students attend more than one; and the possibility that some of the benefits of higher education may arise from the system as a whole rather than from a single institution. The findings and the approaches illustrated can facilitate decision-making processes in higher education.


The Economics of School Choice

The Economics of School Choice

Author: Caroline M. Hoxby

Publisher: University of Chicago Press

Published: 2007-11-01

Total Pages: 367

ISBN-13: 0226355349

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Now that the U.S. Supreme Court has declared school voucher programs constitutional, the many unanswered questions concerning the potential effects of school choice will become especially pressing. Contributors to this volume draw on state-of-the-art economic methods to answer some of these questions, investigating the ways in which school choice affects a wide range of issues. Combining the results of empirical research with analyses of the basic economic forces underlying local education markets, The Economics of School Choice presents evidence concerning the impact of school choice on student achievement, school productivity, teachers, and special education. It also tackles difficult questions such as whether school choice affects where people decide to live and how choice can be integrated into a system of school financing that gives children from different backgrounds equal access to resources. Contributors discuss the latest findings on Florida's school choice program as well as voucher programs and charter schools in several other states. The resulting volume not only reveals the promise of school choice, but examines its pitfalls as well, showing how programs can be designed that exploit the idea's potential but avoid its worst effects. With school choice programs gradually becoming both more possible and more popular, this book stands out as an essential exploration of the effects such programs will have, and a necessary resource for anyone interested in the idea of school choice.


Educational Resource Management

Educational Resource Management

Author: Derek Glover

Publisher:

Published: 2020-12

Total Pages: 194

ISBN-13: 9781787358393

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Resource management, though a central responsibility of school and college leaders, is one that they are often unprepared for. Concise and contextual information and guidance are vital, especially as leaders are pressured from all sides to manage their resources astutely. This new edition of Educational Resource Management: An International Perspective is an updated and globally conscious guide to all aspects of this key responsibility. Opening with a detailed overview of funding and resource management in public and private institutions, the book looks at the criteria by which the effectiveness, efficiency, and equity of educational resource management can be judged. It goes on to explore cost structures, budgets, and the principles of asset management through case studies that draw on practitioner experiences as well as the authors' own observations. Educational Resource Management concludes with a review of current tensions and points towards further study, providing a succinct yet comprehensive guide for school and college leaders.


The Rate and Direction of Inventive Activity

The Rate and Direction of Inventive Activity

Author: National Bureau of Economic Research

Publisher: Princeton University Press

Published: 2015-12-08

Total Pages: 647

ISBN-13: 1400879760

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The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.


Improving Measurement of Productivity in Higher Education

Improving Measurement of Productivity in Higher Education

Author: National Research Council

Publisher: National Academies Press

Published: 2013-01-18

Total Pages: 197

ISBN-13: 0309257743

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Higher education is a linchpin of the American economy and society: teaching and research at colleges and universities contribute significantly to the nation's economic activity, both directly and through their impact on future growth; federal and state governments support teaching and research with billions of taxpayers' dollars; and individuals, communities, and the nation gain from the learning and innovation that occur in higher education. In the current environment of increasing tuition and shrinking public funds, a sense of urgency has emerged to better track the performance of colleges and universities in the hope that their costs can be contained without compromising quality or accessibility. Improving Measurement of Productivity in Higher Education presents an analytically well-defined concept of productivity in higher education and recommends empirically valid and operationally practical guidelines for measuring it. In addition to its obvious policy and research value, improved measures of productivity may generate insights that potentially lead to enhanced departmental, institutional, or system educational processes. Improving Measurement of Productivity in Higher Education constructs valid productivity measures to supplement the body of information used to guide resource allocation decisions at the system, state, and national levels and to assist policymakers who must assess investments in higher education against other compelling demands on scarce resources. By portraying the productive process in detail, this report will allow stakeholders to better understand the complexities of-and potential approaches to-measuring institution, system and national-level performance in higher education.


The Self-Managing School

The Self-Managing School

Author: Brian J. Caldwell

Publisher: Routledge

Published: 2005-08-04

Total Pages: 276

ISBN-13: 1135388946

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First published in 1988. Routledge is an imprint of Taylor & Francis, an informa company.