University funding systems: impact on research and teaching
AbstractWe address the following question: how does a higher education funding system influence the trade-off that universities make between research and teaching? We do so by constructing a model that allows universities to choose actively the quality of their teaching and research when faced with different funding systems. In particular, we derive the feasible sets that face universities under such systems and show how, as the parameters of the system are varied, the nature of the university system itself changes. The culture of the university system thus becomes endogenous. This makes the model useful for the analysis of reforms in funding and also for international comparisons. --
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Kiel Institute for the World Economy in its series Economics Discussion Papers with number 2011-1.
Date of creation: 2011
Date of revision:
university funding systems; higher education; research quality; teaching quality; university budget constraint;
Other versions of this item:
- Beath, John & Poyago-Theotoky, Joanna & Ulph, David, 2012. "University funding systems: Impact on research and teaching," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 6(2), pages 1-24.
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance
- I23 - Health, Education, and Welfare - - Education - - - Higher Education and Research Institutions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-03-19 (All new papers)
- NEP-EDU-2011-03-19 (Education)
- NEP-LAB-2011-03-19 (Labour Economics)
- NEP-SOG-2011-03-19 (Sociology of Economics)
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.:
- Chapman, B., 1996.
"Conceptual Issues and the Australian Experience with Income Contingent Charges for Higher Education,"
CEPR Discussion Papers
350, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- Chapman, Bruce, 1997. "Conceptual Issues and the Australian Experience with Income Contingent Charges for Higher Education," Economic Journal, Royal Economic Society, vol. 107(442), pages 738-51, May.
- Alexander Kemnitz, 2007.
"University Funding Reform, Competition, and Teaching Quality,"
Journal of Institutional and Theoretical Economics (JITE),
Mohr Siebeck, Tübingen, vol. 163(2), pages 356-378, June.
- 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.
- G Johnes, 2005.
"Funding formulae where costs legitimately differ: the case of higher education in England,"
574022, Lancaster University Management School, Economics Department.
- Geraint Johnes, 2007. "Funding Formulae where Costs Legitimately Differ: The Case of Higher Education in England," Education Economics, Taylor and Francis Journals, vol. 15(4), pages 385-404.
- GAUTIER, Axel & WAUTHY, Xavier, 2004.
"Teaching versus research: a multi-tasking approach to multi-department universities,"
CORE Discussion Papers
2004003, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Gautier, Axel & Wauthy, Xavier, 2007. "Teaching versus research: A multi-tasking approach to multi-department universities," European Economic Review, Elsevier, vol. 51(2), pages 273-295, February.
- Borooah, Vani K, 1994. " Modelling Institutional Behaviour: A Microeconomic Analysis of University Management," Public Choice, Springer, vol. 81(1-2), pages 101-24, October.
- De Fraja, Gianni & Iossa, Elisabetta, 2002. "Competition among Universities and the Emergence of the Elite Institution," Bulletin of Economic Research, Wiley Blackwell, vol. 54(3), pages 275-93, July.
- Lisa Grazzini & Annalisa Luporini & Alessandro Petretto, 2011.
"Competition between State Universities,"
CESifo Working Paper Series
3373, CESifo Group Munich.
- Charles T. Clotfelter, 1999. "The Familiar but Curious Economics of Higher Education: Introduction to a Symposium," Journal of Economic Perspectives, American Economic Association, vol. 13(1), pages 3-12, Winter.
- David Greenaway & Michelle Haynes, 2003. "Funding Higher Education in The UK: The Role of Fees and Loans," Economic Journal, Royal Economic Society, vol. 113(485), pages F150-F166, February.
- Beath, John & Owen, Robert F. & Poyago-Theotoky, Joanna & Ulph, David, 2003. "Optimal incentives for income-generation in universities: the rule of thumb for the Compton tax," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1301-1322, November.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Should universities focus on teaching or research?
by Economic Logician in Economic Logic on 2011-04-20 14:47:00
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).
If references are entirely missing, you can add them using this form.