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Accounting, Information and the Development of Evidence-Based Resourcing Strategies in Education

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Author Info
David Mayston
Abstract

In this paper we will argue that there has developed a significant gap between the high policy priority given to improving educational performance in the UK and the attention that has effectively been given to generating the information base upon which more effective educational resourcing strategies might be developed. This is despite the fact that evidence-based policies are intended to be at the heart of the current Modernising Government initiative. The high priority given to education by the incoming new Labour Government and by the Prime Minister in 1997 has since been accompanied by substantial additional resources under the Comprehensive Spending Reviews of 1998 and 2000. The principle of devolving educational budgets and resource management decisions down to individual schools through formula funding, that was at the centre of the previous government’s Local Management of School initiative, has also been reinforced. However, there remain important questions of the nature of the links which exist between school resourcing, characteristics of the pupil, and the educational achievements which can be expected from these different pupil and resource inputs. These questions are important for both the design of improved resource allocation formulae to allocate educational resources to individual schools and for resource management decisions within schools, as well as for target setting and performance monitoring. Answering these questions requires the development of a comprehensive national comparative school database, of which improvements in financial reporting would form a key component.

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Paper provided by Department of Economics, University of York in its series Discussion Papers with number 00/47.

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Handle: RePEc:yor:yorken:00/47

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Postal: Department of Economics and Related Studies, University of York, York, YO10 5DD, United Kingdom
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Related research
Keywords: educational resourcing; educational performance; resource management.;

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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. Baumol, William J, 1972. "Macroeconomics of Unbalanced Growth: Reply," American Economic Review, American Economic Association, vol. 62(1), pages 150, March.
  2. Hanushek, Eric A, 1995. "Interpreting Recent Research on Schooling in Developing Countries," World Bank Research Observer, Oxford University Press, vol. 10(2), pages 227-46, August.
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  3. David Mayston, . "Educational Attainment and Resource Use: Mystery or Econometric Misspecification," Discussion Papers 96/17, Department of Economics, University of York.
  4. Hanushek, Eric A, 1986. "The Economics of Schooling: Production and Efficiency in Public Schools," Journal of Economic Literature, American Economic Association, vol. 24(3), pages 1141-77, September. [Downloadable!] (restricted)
  5. David Mayston, . "The Demand for Education and the Production of Local Public Goods," Discussion Papers 00/50, Department of Economics, University of York. [Downloadable!]
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(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. David Mayston, . "The Demand for Education and the Production of Local Public Goods," Discussion Papers 00/50, Department of Economics, University of York. [Downloadable!]
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