After discussing basic principles of school funding, and comparing selected school finance indicators in southeastern states, this paper examines how schools districts are financed in Kentucky. Emphasis is given to issues of funding adequacy, efficiency and equity, which together led to the...

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...

Data from two states are used for an analysis of the extent to which savings can be achieved through school consolidation. The relationship between per pupil expenditures and enrollment is examined. It is shown that per pupil expenditures for instruction are linked to teachers salaries and...

This study examines the impacts of socioeconomic characteristics of a region on the availability of resources for public elementary and secondary education. A public school administrator is assumed to be confronted with a problem analogous to that confronted by any other firm manager. An...

Between 2006 and 2009, the OECD undertook a series of reviews of national rural development policy. The reviews largely followed a consistent approach and used the OECD’s New Rural Paradigm (NRP) as a common metric for assessing various national approaches. Although the reviews cannot be...

Most rural regions are weak participants in the modern economy. As a result they are often seen as inherently incapable of sustained economic growth. Yet, OECD evidence shows that there are rural regions with relatively high rates of economic growth. Increasing the number of high performance...

Fostering higher levels of economic activity in rural regions constitutes an important policy challenge for most OECD countries. While some rural regions have higher than average growth rates, most grow at slower rates than the majority of urban regions. Because rural regions are structurally...

Between 2006 and 2009, the OECD undertook a series of reviews of national rural development policy. The reviews largely followed a consistent approach and used the OECD's New Rural Paradigm (NRP) as a common metric for assessing various national approaches. Although the reviews cannot be...