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The efficiency of state subsidies to...

Protsyk, Andriy.

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The efficiency of state subsidies to public universities.

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	The efficiency of state subsidies to public universities./
作者:	Protsyk, Andriy.
面頁冊數:	79 p.
附註:	Adviser: Kevin M. Murphy.
Contained By:	Dissertation Abstracts International67-09A.
標題:	Economics, General. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3231447
ISBN:	9780542858567

The efficiency of state subsidies to public universities.
Protsyk, Andriy.

The efficiency of state subsidies to public universities. - 79 p.

Adviser: Kevin M. Murphy.

Thesis (Ph.D.)--The University of Chicago, 2006.

1All monetary figures are in 1995 U.S. dollars.

ISBN: 9780542858567Subjects--Topical Terms:

1017424
Economics, General.

The efficiency of state subsidies to public universities.
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100 1 $a Protsyk, Andriy. $3 1295691
245 1 4 $a The efficiency of state subsidies to public universities.
300 $a 79 p.
500 $a Adviser: Kevin M. Murphy.
500 $a Source: Dissertation Abstracts International, Volume: 67-09, Section: A, page: 3508.
502 $a Thesis (Ph.D.)--The University of Chicago, 2006.
520 $a 1All monetary figures are in 1995 U.S. dollars.
520 $a I exploit the large variation in resident tuitions and subsidies to public universities across states to assess the efficiency of subsidizing higher education for state residents. The focus is on substitution between public in-state 4-year universities (low tuition for residents) and private or public out-of-state 4-year universities (high tuition). Utilizing NPSAS 1995-1996 data on individual students, and data on universities, I estimate demand for public in-state universities, accounting for differences in university quality and individual characteristics. In the process, this paper presents a model of how states decide on subsidies and resident tuitions and offers some instruments to rebut the possibility that state policies are caused by the differences in the unobservable. Behavior of individuals has been modeled as a discrete choice model with probability for different choice sets being estimated together with parameters of utility. My results show that a $1 0001 increase in resident tuition induces a 17% drop in the number of students in public in-state institutions in an average state (here 100% corresponds to all the state students in any public or private 4-year school). A major consequence of subsidies to public universities is that people go to schools they would be unlikely to attend otherwise; substantial portion of the total subsidy dissipates as a deadweight loss.
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