A DEA Application Measuring Educational Costs and Efficiency of Illinois Elementary Schools
Jaye Samantha Flavin,
Ryan Murphy and
John Ruggiero ()
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Jaye Samantha Flavin: Newedge
Ryan Murphy: Ecolab
John Ruggiero: University of Dayton
Chapter Chapter 13 in Community-Based Operations Research, 2012, pp 317-332 from Springer
Abstract:
Abstract Given the current economic climate, the need to utilize every dollar spent to its fullest potential is critical. Especially, in hard economic times, it is important for resource allocation to be cost efficient. In education, it is well known that socioeconomic variables are large determinants of student performance. The need for fiscal responsibility must simultaneously be met with necessary funding to compensate for environmental harshness. In this chapter, we analyze costs of providing education in Illinois public elementary school districts. Cost efficiency and environmental costs are estimated in a three-stage data envelopment analysis model.
Keywords: Data Envelopment Analysis; Data Envelopment Analysis Model; Favorable Environment; Environmental Cost; Discretionary Input (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4614-0806-2_13
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DOI: 10.1007/978-1-4614-0806-2_13
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