The relationship between the amount and the stability of educational expenditures on educational performance: evidence from US states
by Soyoung Park; Sungchan Kim
International Journal of Management in Education (IJMIE), Vol. 14, No. 3, 2020

Abstract: Educational expenditures account for the largest proportion of state expenditures and are primarily justified through the academic performance of the student. Even though previous studies have examined the effects of expenditure levels on academic achievement, there is little empirical research regarding the effects of specific educational expenditure conditions or patterns on educational outcomes (i.e., stability of educational expenditures). Thus, this study investigates the relationship between conditions of educational expenditures and student academic achievement. In this research, we find that levels of expenditures per student are positively related to student achievement, in support of previous extant literature, while the volatility of expenditures is not related to student achievement. Moreover, the higher level of expenditures with more volatility in educational expenditures results in lower academic achievement. This indicates that resource stability in educational services is more beneficial to academic achievement offered through an on-going educational program.

Online publication date: Fri, 01-May-2020

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