COST-EFFECTIVE INFRASTRUCTURE CHOICES IN EDUCATION: LOCATION, BUILD OR REPAIR

Glenn Jenkins () and Armin Zeinali ()
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Armin Zeinali: Queen’s University, Canada

No 2013-08, Development Discussion Papers from JDI Executive Programs

Abstract: The purpose of this study is to develop a model to arrive at a joint optimizing strategy for capital budgeting for the construction of new school buildings and for the renovation of existing schools. This model provides a practical tool for ranking construction projects so as to yield the maximum positive impact on the education system. A key aspect of the model is that it provides the optimal mix of renovation and new construction that should be undertaken under a fixed budget constraint. The model is applied to a sample dataset from the education sector of Limpopo Province, South Africa, in order to quantify the benefits of using the model.

Keywords: education; cost-effectiveness; school location; school construction; school repair; South Africa (search for similar items in EconPapers)
JEL-codes: D61 H52 H75 I28 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2014-01
New Economics Papers: this item is included in nep-afr, nep-edu, nep-ppm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:qed:dpaper:232

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