University Funding Reform, Competition, and Teaching Quality
AbstractThis paper explores the impact of university funding reform on teaching-quality competition. It shows that a graduate tax with differentiated, but state-regulated fees maximises the higher-education surplus, whereas student grants as well as pure and income-contingent loans do not. Fee autonomy for universities leads to results inferior to properly state-controlled fees and can make the majority of students even worse off than a central student assignment system with very poor teaching incentives.
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Bibliographic InfoArticle provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.
Volume (Year): 163 (2007)
Issue (Month): 2 (June)
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Other versions of this item:
- Kemnitz, Alexander, 2007. "University Funding Reform, Competition and Teaching Quality," Dresden Discussion Paper Series in Economics 01/07, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
- H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
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