Infrastructure Choices in Education: Location, Build or Repair

Armin Zeinali, Glenn Jenkins () and Andrey Klevchuk

No 273690, Queen's Economics Department Working Papers from Queen's University - Department of Economics

Abstract: The purpose of this study is to develop a model to arrive at a joint optimizing strategy for the use of a given capital budget for the construction of new school buildings and for the repair of the already existing schools. This is to be done in a way that will have the maximum positive impact on the enhancement of the education system. Cost effectiveness analysis is used as the main analytical tool in the analysis. A key factor of the model is that it gives one the optimal mix of repair versus new construction that should be undertaken under a fixed budget constraint. The model is simulated using a sample data set from the information available for the education sector of Limpopo Province, South Africa. It utilizes a very basic set of information that is available in all school districts across the province. Application of this model for the selection of infrastructure investments (either building or repair) in the education sector would increase the efficiency of capital expenditure in this sector. This is particularly the case for the countries that are faced with a large excess demand for school buildings.

Keywords: Financial Economics; International Development (search for similar items in EconPapers)
Pages: 28
Date: 2009-04
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https://ageconsearch.umn.edu/record/273690/files/qed_wp_1204.pdf (application/pdf)

Related works:
Working Paper: Infrastructure Choices in Education: Location, Build or Repair (2009)
Working Paper: Infrastructure Choices In Education: Location, Build Or Repair (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:quedwp:273690

DOI: 10.22004/ag.econ.273690

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