Issues of Size and Costs of Education in Rural Areas

Rodney L. Clouser and David Debertin ()

No 158616, Staff Papers from University of Kentucky, Department of Agricultural Economics

Abstract: In this paper, a conceptual framework is developed representing the dynamic optimization problem for maximizing educational quality subject to a limited amount of available funds. We then examine how the quality of education offered by a school system and the cost of producing education might be influenced by changes in enrollments (cost-size-quality relationships).

Keywords: Labor and Human Capital; Public Economics (search for similar items in EconPapers)
Pages: 22
Date: 1988-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ukysps:158616

DOI: 10.22004/ag.econ.158616

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