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Issues of Size and Costs of Education in Rural Areas

Author

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  • Clouser, Rodney L.
  • Debertin, David L.

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).

Suggested Citation

  • Clouser, Rodney L. & Debertin, David L., 1988. "Issues of Size and Costs of Education in Rural Areas," Staff Papers 158616, University of Kentucky, Department of Agricultural Economics.
    • Handle: RePEc:ags:ukysps:158616
    DOI: 10.22004/ag.econ.158616
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    Keywords

    Labor and Human Capital; Public Economics;

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