Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/35671
Authors: 
Becker, William E.
Round, David K.
Year of Publication: 
2009
Series/Report no.: 
IZA discussion papers 4092
Abstract: 
Higher education, like any other commodity or service, has been viewed in a variety of economic frameworks. Little of this work, however, appears to have made any effort to define carefully the boundaries of the relevant market for higher education, which is the subject of this particular inquiry. Market definition is an essential preliminary step before any academic or policy investigation can properly be made into the forces that determine the behavior of the buyers and sellers of higher education, those who provide inputs into the education process, or those who fund or otherwise subsidize it. The authors spell out the key economic dimensions of a market, and illustrate their relevance for research that seeks to analyze the players and policies in the many distinct domestic and international markets that exist for the inputs and outputs of the higher education sector.
Subjects: 
Competition
efficiencies
market boundaries
markets
higher education
public policy
JEL: 
A1
I2
L3
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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