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Financiamiento Compartido de la Educación

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Author Info
Bernardita Vial () (Instituto de Economía. Pontificia Universidad Católica de Chile.)

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Abstract

The system of shared educational finance in Chile started to operate in 1993 and is a complement to the traditional subsidized system. This relatively new system is based on the authorization given to registered educational establishments to charge students for their education. When an establishment receives a share of its financing from the students’families, the fiscal subsidy is diminished in a percentage of these funds. This paper analyzes how this mechanism influences expenditure decisions, and in particular how much families spend on education. The main conclusion of this analysis is that shared educational finance diminishes the cost of achieveing a higher level of education to students that where initially studying in free public establishments. This results in both an increase in educational attainment and a better focalization of public expenditure in education.

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Publisher Info
Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía.

Volume (Year): 35 (1998)
Issue (Month): 106 ()
Pages: 325-342
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Handle: RePEc:ioe:cuadec:v:35:y:1998:i:106:p:325-342

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Related research
Keywords: Education; Government Policy; Public Finance;

Find related papers by JEL classification:
H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
I22 - Health, Education, and Welfare - - Education - - - Educational Finance
I28 - Health, Education, and Welfare - - Education - - - Government Policy

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Peltzman, Sam, 1973. "The Effect of Government Subsidies-in-Kind on Private Expenditures: The Case of Higher Education," Journal of Political Economy, University of Chicago Press, vol. 81(1), pages 1-27, Jan.-Feb.. [Downloadable!] (restricted)
  2. Schultz, T. Paul, 1988. "Education investments and returns," Handbook of Development Economics, in: Hollis Chenery† & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 13, pages 543-630 Elsevier. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Francisco Gallego, 2002. "Competencia y Resultados Educativos: Teoría y Evidencia para Chile," Documentos de Trabajo 217, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
    Other versions:
  2. Chumacero, Romulo & Gómez Caorsi, Daniel & Paredes, Ricardo, 2008. "I would walk 500 miles (if it paid)," MPRA Paper 15125, University Library of Munich, Germany, revised Dec 2008. [Downloadable!]
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