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Cost-Effective Infrastructure Choices In Education: Location, Build Or Repair

Author

Listed:
  • Glenn P. Jenkins

    (Department of Economics, Queen's University, Canada, Eastern Mediterranean University, Mersin 10, Turkey)

  • Armin Zeinali

    (Queen’s University, Canada)

Abstract

The purpose of this study is to develop a model to arrive at a joint optimizing strategy for capital budgeting for the construction of new school buildings and for the renovation of existing schools. This model provides a practical tool for ranking construction projects so as to yield the maximum positive impact on the education system. A key aspect of the model is that it provides the optimal mix of renovation and new construction that should be undertaken under a fixed budget constraint. The model is applied to a sample dataset from the education sector of Limpopo Province, South Africa, in order to quantify the benefits of using the model.

Suggested Citation

  • Glenn P. Jenkins & Armin Zeinali, 2014. "Cost-Effective Infrastructure Choices In Education: Location, Build Or Repair," Development Discussion Papers 2013-08, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:232
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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