Economies of scale in schooling |
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| Authors: | Lawrence W Kenny |
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| Institution: | Associate Professor of Economics, University of Florida, USA |
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| Abstract: | A model of optimal school size is developed which predicts that schools will minimize total costs by operating in a region of increasing returns to school inputs. Two sources of estimates of the economies of scale coefficient emerge from the optimal school size model, and two rich data sets are used to generate estimates of this coefficient. These estimates support the model and are shown to imply sizeable differences in the cost of schooling between urban and rural areas. |
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