Are Education Cost Functions Ready for Prime Time? An Examination of Their Validity and Reliability

Autor/inn/en	Duncombe, William; Yinger, John
Titel	Are Education Cost Functions Ready for Prime Time? An Examination of Their Validity and Reliability
Quelle	In: Peabody Journal of Education, 86 (2011) 1, S.28-57 (30 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0161-956X
Schlagwörter	Costs; Computation; Statistical Analysis; Educational Finance; Accountability; Reliability; Predictive Validity; Efficiency; School Districts; Missouri + Suchen Sie Ihr Suchwort? Cost; Kosten; Statistische Analyse; Bildungsfonds; Verantwortung; Reliabilität; Effectiveness; Effektivität; Wirkungsgrad; School district; Schulbezirk
Abstract	This article makes the case that cost functions are the best available methodology for ensuring consistency between a state's educational accountability system and its education finance system. Because they are based on historical data and well-known statistical methods, cost functions are a particularly flexible and low-cost way to forecast what each school district must spend to meet the standards in a state's accountability system. However, the application of cost functions to education must confront several challenges in both data collection and estimation methodology. This article describes the strengths and weaknesses of various ways to address these challenges and illustrates how the reliability and forecasting accuracy of cost functions can be tested using data for Missouri school districts. (Contains 1 figure, 7 tables and 28 footnotes.) (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10