Issues of Size and Costs of Education in Rural Areas

In this paper, a conceptual framework is developed representing the dynamic optimization problem for maximizing educational quality subject to a limited amount of available funds. We then examine how the quality of education offered by a school system and the cost of producing education might be influenced by changes in enrollments (cost-size-quality relationships).


Issue Date:
1988-08
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/158616
Total Pages:
22
JEL Codes:
E62; J24
Series Statement:
University of Kentucky Ag. Econ Staff Papers
253




 Record created 2017-04-01, last modified 2017-08-27

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