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For-profit versus not-for-profit charter schools: an examination of Michigan student test scores.
- Source :
-
Education Economics . Jun2009, Vol. 17 Issue 2, p147-166. 20p. 6 Charts. - Publication Year :
- 2009
-
Abstract
- The role of for-profit educational organizations in the predominantly public and not-for-profit K-12 US schooling system is being fiercely debated across our nation. Little empirical research is available to help policy-makers develop informed decisions regarding the educational value that for-profit schools provide to our students. This paper fills in part, for the first time in detail, this void. This paper uses a four-year panel of charter schools from the state of Michigan to estimate a school-level education production function and employ a random effects model that controls for student and district characteristics. The results find no evidence of a change in efficiency when a charter school is run by a for-profit company (versus a not-for-profit company). The analysis developed in this paper takes the debate one step further as well, and examines the role that the size of for-profit firms plays in the associated outcomes. There is some evidence that small for-profit companies are either less efficient or enroll a different type of cohort of students than not-for-profit schools. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09645292
- Volume :
- 17
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Education Economics
- Publication Type :
- Academic Journal
- Accession number :
- 39982262
- Full Text :
- https://doi.org/10.1080/09645290801977017