English, Article, Journal or magazine article edition: A Test for Efficiency in the Supply of Local Public Education Ted Bergstrom; Judy Roberts; Dan Rubinfeld; ...

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Bookmark: http://trove.nla.gov.au/version/189960
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • A Test for Efficiency in the Supply of Local Public Education
Author
  • Ted Bergstrom
  • Judy Roberts
  • Dan Rubinfeld
  • Perry Shapiro
Physical Description
  • preprint
Notes
  • This paper devises and applies a statistical test for efficient provision of local public education. The test is based on the ``Samuelson condition'' of equality between the sum of marginal rates of substitution and marginal cost. The econometric method is a micro-based approach to the estimation of the marginal rate of substitution function. This method accounts for possible ``Tiebout bias'' caused by the fact that individuals may choose their school districts in accordance with their tastes for education.
  • RePEc:wop:michec:_036
Language
  • English
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