The Impact of Benefit Spillovers upon Economic Efficiency in Public School Finance

David W. Holland

American Journal of Agricultural Economics, 1974, vol. 56, issue 2, 300-305

Abstract: The hypothesis that public school funding is sensitive to gain or loss of residence related external benefits was tested using two stage least squares. No statistically significant relationship was detected. Arguments for providing school funding relief to declining rural areas must be defended upon equity rather than efficiency grounds.

Date: 1974
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