全球智库信息集成服务系统(G2TT): The Effects of School Spending on Educational and Economic Outcomes: Evidence from School Finance Reforms

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w20847
来源ID	Working Paper 20847
	The Effects of School Spending on Educational and Economic Outcomes: Evidence from School Finance Reforms
	C. Kirabo Jackson; Rucker C. Johnson; Claudia Persico
发表日期	2015-01-19
出版年	2015
语种	英语
摘要	Since Coleman (1966), many have questioned whether school spending affects student outcomes. The school finance reforms that began in the early 1970s and accelerated in the 1980s caused some of the most dramatic changes in the structure of K–12 education spending in US history. To study the effect of these school-finance-reform-induced changes in school spending on long-run adult outcomes, we link school spending and school finance reform data to detailed, nationally-representative data on children born between 1955 and 1985 and followed through 2011. We use the timing of the passage of court-mandated reforms, and their associated type of funding formula change, as an exogenous shifter of school spending and we compare the adult outcomes of cohorts that were differentially exposed to school finance reforms, depending on place and year of birth. Event-study and instrumental variable models reveal that a 10 percent increase in per-pupil spending each year for all twelve years of public school leads to 0.27 more completed years of education, 7.25 percent higher wages, and a 3.67 percentage-point reduction in the annual incidence of adult poverty; effects are much more pronounced for children from low-income families. Exogenous spending increases were associated with sizable improvements in measured school quality, including reductions in student-to-teacher ratios, increases in teacher salaries, and longer school years.
主题	Public Economics ; Health, Education, and Welfare ; Education ; Labor Economics ; Demography and Aging
URL	https://www.nber.org/papers/w20847
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/578522
推荐引用方式 GB/T 7714	C. Kirabo Jackson,Rucker C. Johnson,Claudia Persico. The Effects of School Spending on Educational and Economic Outcomes: Evidence from School Finance Reforms. 2015.