内容正文:
EDUCATION
Chapter 7
1
Further Questions about Government Intervention in U.S. Education System
If education produces positive externalities, then it should be subsidized. However...
Should public education be free and compulsory as it is in the U.S.?
Should government produce public education?
Does free public education necessarily lead to an increase in its consumption? See next slides
7-2
2
Real Annual Expenditure Per Pupil in Public Elementary and Secondary Schools
Source: US Bureau of the Census [2012, p. 8]
Expenditure Per Pupil
School Year (2010 dollars)
1980 $5,016
1985 6,057
1990 7,102
1995 7,322
2000 8,068
2005 8,998
2010 9,100
7-3
3
Justifying Government Intervention in Education
Is Education a Public Good?
Does Education Generate Positive Externalities?
The Conventional Wisdom
The Case Against the Conventional Wisdom
The Case of Higher Education
Is the Education Market Inequitable?
Commodity Egalitarianism (certain goods should be available to everyone)
The Case of Higher Education
7-4
4
Does Government Intervention Crowd Out Private Education?
Quantity of Education
Quantity of all other goods
A
B
i
e0
ep
ii
x
Private School quantity of education
Co
7-5
Public schooling “crowds out” education
5
Does Government Intervention Crowd Out Private Education?
Quantity of Education
Quantity of all other goods
A
B
i
e0
ep
ii
x
Public schooling increases quantity of education
7-6
Co
6
Callout enters after click and pauses 2 seconds at e0, ep and x
Does Government Intervention Crowd Out Private Education?
Quantity of Education
Quantity of all other goods
A
B
i
e0
ep
ii
x
Public schooling does not increase quantity of education
7-7
Co
7
Does Government Spending Improve Educational Outcomes?
Country comparison of educational spending (next slide)
U.S. spends more per pupil than almost all other developed nations
Empirical Evidence: Does Spending on Education Improve Student Test Scores?
7-8
8
Real Annual Expenditures on Private and Public Schools per S