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Traditional public schools versus charter schools: a comparison of technical efficiency

Todd Nesbit () and Joseph Palardy ()
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Todd Nesbit: Penn State Erie, The Behrend College
Joseph Palardy: Youngstown State University

Economics Bulletin, 2007, vol. 9, issue 9, 1-10

Abstract: This paper addresses the now famous question of “Does Money Matter?” in public education. While the general consensus is that additional expenditures may improve educational outcomes, this is by no means a guarantee. Indeed, some studies indicate that a school's resources are not an important determinant of student performance. As Adkins and Moomaw (2003) suggest, the true relationship between resources and performance may become more apparent in a better specified model accounting for technical inefficiency. Along these lines, we attempt to measure the technical efficiency gains of charter schools over traditional public schools using a stochastic frontier production model.

Keywords: Charter; Schools (search for similar items in EconPapers)
JEL-codes: H0 I2 (search for similar items in EconPapers)
Date: 2007-06-12
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