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Econometric Issues in Education Finance

Gbenga Ajilore

The Review of Regional Studies, 2006, vol. 36, issue 2, 192-204

Abstract: Several econometric issues within the field of education finance that have not been fully explored to date are addressed. Focusing on demographic factors and per-pupil expenditures in the United States, an econometric model that incorporates spatial analysis is developed and a unique framework for analyzing the impact of demographics on local public demand is introduced. The results show that ethnic diversity has a negative impact on per-pupil spending, while the elderly have a positive impact.

Keywords: Education Finance; Education; Spatial (search for similar items in EconPapers)
JEL-codes: H75 I22 R23 (search for similar items in EconPapers)
Date: 2006
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Handle: RePEc:rre:publsh:v:36:y:2006:i:2:p:192-204